The Forex Dream provides content for informational and educational purposes only, not financial advice.
My Forex Trading Notes
- When I’m tempted to chase a setup, I remind myself that chasing a trade takes me further from the freedom I’m trying to build.
- Every time I trade without trusting my setup, I’m not trading my system, I’m trading my feelings. I either trust my setup and take the trade, or don’t enter the trade at all. There’s no in-between.
- Hesitating = fear leading the trade
- Entering late = regret leading the trade
- Revenge trading = ego leading the trade
- Discipline is something I build every time I choose to wait for my setup. I’m not behind. I’m in training, and that’s okay.
- Setting Price alerts protects me from FOMO. No alert, no setup. No setup, no trade. I set my alert and wait, I don’t chase price.
- I don’t trade levels, I trade behavior at levels. The setup must show context, align with my confluences, form my pattern, and give me a retest. No retest? No trade.
- If the reversal pattern doesn’t form and retest on my entry timeframes (5m, 15m or 30m), it’s not my trade, even if the trade wins.
- Be patient, let the market come to you. Don’t chase. Let price enter your zone. Be patient, the market will let you know when it’s ready to move. Wait for your setup: reaction + pattern + retest.
- Trading is not about winning or losing; it’s about discipline and consistency. Anyone can win, just as much as anyone can lose. So stay focused on the process, not the outcome.
- My number one priority in trading is learning to be disciplined; that’s personal for me. My setups don’t get me paid, my discipline does.
- Price leads. Indicators follow. Use indicators to support your analysis, not replace it.
