I think this is one of the most distracting thing while you trade.
If you are in the "zone" and there is a dog, child or your spouse around it is very difficult to focus on your trades.
I did 5 trades altogether.
Initially, I end up with a 6.5% profit but due to continuous trading, I end up with a 2% profit.
Let's keep going.
Moved my stop loss and you may say I did it too soon however we all know price sometimes is unpredictable.
Instead of bigger profits, I end up with smaller ones. Well, we don't dwell in the past.
Let's move on and think about another profitable setup.
Today I have encountered one missed trade and 2 losses.
I think discipline is one of the main issues I have to deal with.
I going back to back-testing.
Missed one trade and got to another. Buying at almost premium.
From the moment I missed the trade, I was waiting for FVG creation. Price did retrace to FVG but consolidated for some time. It tool longer then I anticipated but in the end, everything worked out.
Please share your thoughts.
I don't follow standard Support and Resistance mode or Supply and Demand but instead I do follow Price and Time. Still lots to learn but getting better.
This is something I wanted to try today. 8.30 NY News and later on 9.30 NY session open. I was taken out at first but later on whole thing played nicely.
Please share your thoughts or if you have any questions...
This ICT concept is one of the many that can be used to take your trading to the next level and create consistent profits for you. I break down the concept and define the terms used with this concept.
