SirPickle

Hey if you're having a bad day it could be worse... you could be a forex trader

Always be aware of the FVGs created and soon to be created on the timeframes above you
One of the most important pieces of advice I could give you.

I love you say it back.

When in doubt, just sit it out.
No one has a gun to your head forcing you to take an unclear setup.

One of the biggest issues I see with inconsistent traders is that they follow TOO MANY mentors.
They over load themselves with information.
Too many strategies
Too many differing opinions
Too many trade breakdowns and outlooks
Too many youtube videos
Too much profit porn on the time line
How will you ever gain clarity this way?
How will you ever focus?
In trading (as in life), less is more.
Focus on one mentor
one model
one time of day to trade
one asset (+ its correlated asset)
I promise you will make much better progress if you try this out for a few months.

I used to trade indices from 8am-12pm...
Best thing I ever did was stop doing that.
Focusing on just 9:30am-12pm EST I avoid SO MANY dumb avoidable losses that occur before the opening bell.
Highly recommend you try that to.

This week has been ridiculously clean.
Just wake up and long lol.

Mental hack:
Before an entry look for reasons why a trade might NOT play out
Why?
The reason you dont see mistakes in real time when taking a trade is because you are so focused on potential profits.
You look for all the reasons why a trade COULD work.
Do the opposite and watch.
If you consciously look through the lens of "what could stop this trade from working" you will avoid so many dumb trades.

No news Mondays used to be in the same conversations as Hitler.
Come a long way

Mental hack:
Look for reasons why a trade might not play out
Why?
The reason you dont see mistakes in real time when taking a trade is because you are so focused on potential profits.
You look for all the reasons why a trade COULD work.
Do the opposite and watch.

Bias
Narrative
Entry
Time
Risk Management
We all may have different ways of identifying these,
(I like to keep it simple and just use FVGs and swing points)
But every sound trading plan has these 5 pillars.

What would you do for a living if trading just ceased to exist?