All your thinking must happen outside of market hours as you're preparing, researching, etc.
During market hours, there is absolutely no place for overthinking.
It's all just execution.
My advice to young traders who want long trading careers:
Stop being obsessed with catching tops and bottoms and become willing to accept large chunks in the middle.
Or, because I am a boomer, forget what I just said.
When you're in a nice trade, great entry, solid plan, well thought out target and you're getting that itch to tap out early, remember what the old man told me on the NYMEX floor 'Hey kid, if you want to take the train to California, you don't get off in Chicago'
Days like Today, NEVER sell just to book gains. Look to add, and moves stops. Make them take you out, don't just dump it to them. By the end of the day, all you, have left is the absolute strongest names #TheStrat
Your trading plan is there to protect you against your inconsistent thoughts, beliefs, and attitudes —i.e., you wanting to achieve your long-term goals, but, in the short-term, you wanting to avoid pain.
Think in terms of setups
You have 6 hours every day to make a stink
Can you get 6 points in those 6 hours everyday , every week?
This puts you ahead of so many other punters who go for 100s of points but have no consistency
Develop consistency, then add size
#inspirational
It sounds simple, but most trading days have 1-3 clean moves then the rest is trappy, profit destroying chop. Realizing this was a game changer for me: Reducing my trades from 4+ down to a ~couple quality (and not pushing it after) greatly boosted win rate. Quality over quantity
The hardest part of trading is the mind games
ict/smc looks great with all the 3:1 / 5:1 dreamers trades
Try it for real, it all goes to shiiit
I scalp 1:1 or less to make money EVERY day
RRR is for the scammers
Ex city traders scalp, city traders don't trade their own cash
I only speak for myself
Scalping works well
Hit a trade, big money, in out in seconds, no stress, win or lose, do it again tomorrow
Swing trade, in trades for hrs/days, have a good run, get greedy or have a loser, revenge trade, mess everything up, months to recover #RealWorld
"You are commanded to go do something productive with your life."
"To go give and to produce and to risk and to then go sow into other people. That is a Biblical idea that has made the world a profoundly better place."
🙏