Lion sees a herd of buffaloes. There is a 800 kg mean bull as a leader, so lion thinks of killing him for the meal, right? No. WRONG. No predator is going for the hard or risky prey. Lion looks further to the back of the herd, where old, sick, and young buffaloes are. The easy targets, the ones that can't run away or fight.
Similar to natural predators, traders should seek easy trades. When there are none, we can sit on our hands, or go into the "scalping mode", shaving some points from the markets from best locations, while waiting for the better price action. Great way to lose is fighting trends because you have a "fundamental" idea, while market doesn't care. Another way is to trade big when nothing is happening, while stepping back when you should in fact step in. To trade big, not only that you need experience to 'deserve' that, but market needs to cooperate, giving you your desired Price Action, your setups. If that is not there, you just trade regular and small risk, or not trade at all. Yes, you do not need to trade every single day. When you do trade - every day, ask yourself a question about POTENTIAL of the session - something that you should have based on CONTEXT and things that market already did in the previous sessions and in the PMKT. Then, ask that same question every hour or two, to see is anything changed. Is TODAY a day when you can have good day-trades, maybe even a chance for a swing trade? Check YES / NO and move on, without unrealistic expectations. No need to “push” in low opportunity days. Save capital - both financial and mental, for the high opportunity periods. One good day can make you weekly profit. One good week can make monthly profit. But also, one day, when you are annoyed because the market is going counter the wanted direction... can wipe your entire account.
In a world where many things goes against you, you need to control YOU. Control yourself, knowing when to sit tight, and when to swing the bat.
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