Lucas Han

I buy and sell candles at Urban Forex

[Lucas Han @Trader_LucasHan]

Unpopular Opinion:

Most traders think their biggest enemy is their emotions.

Wrong.

Your biggest enemy is the trader on the other side of your position, who is disciplined, funded, and waiting for you to make exactly the mistake you’re about to make.

Trading isn’t you vs. yourself.

It’s you vs. someone who does this better than you.

Every loss means someone took your money. Every win means you took theirs.

Zero-sum. No participation trophies.

The sooner you stop treating trading like self-improvement therapy and start treating it like a competition, the faster you level up.

[Lucas Han @Trader_LucasHan]

@OnioStar11961 Appreciate it man!

But I’m not going anywhere. I’ll still be here

[Lucas Han @Trader_LucasHan]

These things here have probably made more millionaires than your average college professor

[Lucas Han @Trader_LucasHan]

@Aadel68928485 Look at all your winners, and see what connects them. Then look at your losers and do the same thing.

As soon as you find the difference, you’ll have your answer.

[Lucas Han @Trader_LucasHan]

@OnioStar11961 Taking a break for now from YouTube. But I’ll still be posting here and there on X

[Lucas Han @Trader_LucasHan]

@Djkssmrt @urbanforex Sick trade mate! Well done!

[Lucas Han @Trader_LucasHan]

@agaba_drake I still check correlated markets to judge the probability. But most of the weight of the decision is based on the context of the pair itself

[Lucas Han @Trader_LucasHan]

Been busy the last 2 weeks so, I didn’t get to trade much.

But yesterday, there was a standout trade on the Nikkei.

1. Up trend. Buyers were really going at it.
2. Pulled Back and failed to make new highs.
3. Market crashed. Buyers now trapped.
4. Selling at the release would give you a perfect reaction to the next low.

Doesn’t get cleaner than this.

Happy weekend. I’ll be back on Monday ledges!

[Lucas Han @Trader_LucasHan]

@agaba_drake Thanks dude

[Lucas Han @Trader_LucasHan]

@OnioStar11961 Yes, you always need a strong breach. That’s how you really get people trapped

[Lucas Han @Trader_LucasHan]

Focus now shifts to dollar weakness. Specifically, usdcad.

[Lucas Han @Trader_LucasHan]

@agaba_drake 2 things:

1. The level you sold did hold and tried. But after that many attempts of trying and failing, you should’ve scratched the trade.

2. Traps are always best traded at the turning points. In your case it would be the level around 1.21739

[Lucas Han @Trader_LucasHan]

This hit target in record time. Here's the full Breakdown:

0. We are stalling in a range
1. Buyers breached the range
2. Buyers tried making new high and failed
3. Crashed down from top of range
4. Buyers are now trapped
5. Lower timeframe. Isolated release for entry and targeting range low
6. Touched & Go Entry and Exit

[Lucas Han @Trader_LucasHan]

Focus now shifts to dollar weakness. Specifically, usdcad.

[Lucas Han @Trader_LucasHan]

@MohdHafiz_Kamal Thanks bro!

[Lucas Han @Trader_LucasHan]

@OnioStar11961 yes

[Lucas Han @Trader_LucasHan]

@OnioStar11961 That's not a trap. those are merely rejections from the zone. Ideally You want to see a strong breach down.

[Lucas Han @Trader_LucasHan]

@OnioStar11961 What's the most recent one you took?

[Lucas Han @Trader_LucasHan]

Guess I jinxed it.

Sells are off the table now. Buyers looking too aggressive.

[Lucas Han @Trader_LucasHan]

Sorry for going quiet, been busy on other things. Back now though and cable is the first thing catching my eye.

Looking for a sell, with two possible scenarios for how it gets there. But only taking it as far as 1.33464.

[Lucas Han @Trader_LucasHan]

@Djkssmrt @urbanforex All good! This was a great trade! Positive in the week?

[Lucas Han @Trader_LucasHan]

If you find yourself having no trades (like me today), work on this:

1. Look Through All your Loosing Trades
2. Find a Simple commonality between all of them.
3. And see if you can identify situations where, “if X happens, I should cut the trade”

Most traders focus on winners. But making your losses smaller is so much easier, and it’s the shortcut to increase your profit factor.

Part of being a profitable trader is to be a detective and find clues from your journal to see what can be optimised.