I'm right now looking at the markets, not having a clue of what is doing or where it's going. That gives me power, because I know I'm likely to hurt myself if I place a trade. Patience is key.
create a system in which your risk is in sync with the flow of high probability conditions and low probability conditions
the higher the probability → the more you can risk
as probability drops → risk decreases for maximum capital preservation
what a great week this was
monday -> no trades -> low probability
tuesday -> lesson -> large range overnight invalidated the potential for an expansion
wednesday -> textbook expansion
thursday -> no trades -> low probability
friday -> low probability -> scalps to get a slice
there comes a time when
you make every mistake,
so now you are consistent
you see every scenario,
so now you are never surprised
you filter through every concept,
so now your process is refined
this is experience,
and it cannot be taught
but every day you get one step closer
if you trade,
you need a defined process
one that forces consistency
a few daily candles per week,
while strict on rules of this process
try for yourself and see
a system needs five steps,
in this order
rules
expectation
confirmation
entry logic
trade management
rules decide if price is considered
expectation is the narrative
confirmation determines a valid trade
entry logic gets you onside
trade management brings profits
then repeat
@TtraderSV Keep up the grind bro, the results will come. Just don’t focus on the payouts, focus on following your rules, staying disciplined, and the payout will come