I would like to share a question that someone asked me recently.
Question:
I am having a problem and pls help me solve it.. when learning Price Action and after knowing about each and every bars nicely, coupled together with confluence. I find that my trades are getting little. Way lesser than I had before… Is this correct?
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My Reply
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It’s actually a good thing. You have learned to become picky in trading. You may be frustrated now because there are few A+ trades around that is coupled with confluence. And it is a fact. But when you spot one, you know its a good one.
So what you can do is to decide on whether do you want to take only the grade A+ trade or do you also want to include B or C or D grade trades that have a lower rate of success.
My advice to you is, do not hesitate when you see a good trade. That’s what good traders do. And we stay out if there isn’t a good trade. Because there’s no point trading if it isn’t going to make you money isn’t it?
If you pick good trades consistently, by trading lesser is not a bad thing at all. And in fact, it will grow your account way bigger and faster than you would be taking many trades.
Remember… Overtrading is one of the top killers in trading…
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This is some of the great questions I got that hinders people from making the BIG Jump in forex – From the 95% Losers to the 5% Winners
I hope you have benefited from this post, and if you have any questions that are bugging you. Do post it below and I will personally attend to it. And WOW a BIG CONGRATULATIONS FOR COMPLETING THE ENTIRE FOREX TRADING STRATEGIES – Its really an achievement!
You are now way ahead than the rest of the people trading forex. But your journey is not over yet.
Forex is an ongoing journey, a full-time career. To put things to full speed and to take off quickly, I highly recommend you to take up my Proprietary One Core Program – this is the exact system I use to make 6 figures a trade. It compromises of everything that I’ve learnt in trading on what that really works in the live market and how to truly make a living out of it.
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See you inside!
Ezekiel Chew
