SirPickle

Reminder:
its ok to not know what the f*ck is going on.
A bias every day isn't necessary.

Never marry a bias.
Stop being so damn stubborn.
New candles print.
New information presents itself.
You're job is to react, get onside, and adapt.

Never marry a bias.
New candles print.
New information presents itself.
You're only job is to react, get onside, and adapt.

正确识别和避免低概率条件比捕捉盈利交易更令人满意。

Losers make the best winners

There's an inverse correlation between R:R and win rate.
The more R you target, the lower win-rate you will have.
The less R you target, the higher win-rate you will have.
Now why do you always see me target 2R ?
Because mentally I couldn't handle losing way more than I win.
Couldn't handle the long losing streaks.
Couldn't handle the long wait in between winning trades.
In fact, humans in general struggle to play any game where they lose 60% or more of the time.
Psychological studies also show the pain of losing is twice as intense as the pleasure of winning.
So imagine constantly feeling

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.