I'm a swing trader took longs on AU and added more positions in profit, I do use a extreme simple approach only alerts in tradingview, i set alerts on where I think the price might bounce at and I just try to control risk.
I use various risk structures based on the context and I risk differently per trade, these two things are what really made me profitable, believe it or not try it for yourself.
all you need is controlling risk.
keep your strategy just tweak something, the risk to reward ratio.
try to use 1:1RR and 1:2RR and only TRY TO CONTROL RISK.
Set your stoploss at the best location, try different approaches like adding in profit or in drawdown manage every trade differently and risk a different amount for every trade based on how confident you are.
Let me know if you need more help
set alerts and move away from your computer, get tradingview in your phone so you can get alerts when a trade is ready to enter.
I personally use weekly/daily timeframe in Forex and just do the bare minimum in trading. I realized that the more work I do doesn't guarantee more money in the bank, market don't give a f about it.
I use support and resistance, and I just try to control risk that's it.
Nothing complicated, simply charts and alerts and a arrow on what I think will happen.
This is my way of trading keen to know if there's anyone else doing the same exact thing or closely.
I'm only focused on controlling risk and if you need anything related this part of trading feel free to text me or drop a comment.
Everything changed when in my journal, I've noticed that the best trades were the ones that had a stoploss in a perfect position.
Short trade, SL above recent high, TP before previous low. Makes perfect sense.
These were the trades that performed the best for me, why? because price has neither to break one or the other. Highly recommended to keep journal in your trades.
Stoploss placement in such a way which makes it harder to be hit and makes it easier to manage.
The loving quote of my fav trader
"I believe in defining my risk. I don't believe in defining my reward." — Tom Hougaard
Many people do not realize that days, weeks go by and you haven't made any progress, or you haven't won any trade and it's completely normal.
I've personally made around 50k past few months documenting everything, simply tap my profile you'll get what I'm saying.
Boring days/weeks and even months are going to happen in trading and It's normal, last two weeks in April I didn't take a single trade. Knowing when to stop trading and forcing trades is where the biggest thing in trading shifts.
There are periods in trading where your setups are going to happen really frequently but there are periods where you can't find your setup for 1/2 weeks and that's where most people lose their discipline.
Make trading a business be very selective and try to say NO to bad trades or those that doesn't feel right.
the main thing that plays the biggest role is only staying inside the barriers.
I'm not saying follow me, I'm just asking you to grab a paper and you WRITE DOWN YOUR WHOLE STRATEGY from A to Z.
Once you've done that you also write down the things that ruins profitability which is: fomo, revenge trading, holding more into losing trades than winning trades, dragging your stoploss even further hoping it will turn around, adding massively in winning position etc.
By Monday I want you to look at tradingview (or at any platform you watch the charts at) and say,
Trading is not about screen time, everybody can stay infront of the screen for 12 hours and generate 10k a month but that's not the reality market doesn't really care.
Everyone's showing you the highlight reel, the cars, the lifestyle, the money. And I get it, it looks appealing. But what you're not seeing is the years behind it, or half the time whether it's even real.
I spent two years in trading barely breaking even, two years of staring at charts, second guessing every decision, watching losses add up and wondering if I was just wasting my time. No one was clapping for me then. No one was watching.
Then something shifted. The last year and a half I've been consistently profitable and in the past 5 months alone I've pulled in around 90k. Not bragging, just being honest because I think people need to hear the full story not just the end result.
Because here's what I know now. The people who actually make it aren't the ones who found a shortcut. They're the ones who stayed when it stopped feeling exciting. When progress was invisible. When it made more sense to quit than to keep going.
That middle period is where most people tap out. Not because they lack talent, but because slow progress doesn't feel like progress at all.
If you're somewhere in that grind right now, behind closed doors, no results yet, questioning everything, that's not a sign to stop. That's just what the process actually looks like before it pays off.
Stay with it.
Sorry
Everyone's showing you the highlight reel, the cars, the lifestyle, the money. And I get it, it looks appealing. But what you're not seeing is the years behind it, or half the time whether it's even real.
I spent two years in trading barely breaking even, two years of staring at charts, second guessing every decision, watching losses add up and wondering if I was just wasting my time. No one was clapping for me then. No one was watching.
Then something shifted. The last year and a half I've been consistently profitable and in the past 5 months alone I've pulled in around 90k. Not bragging, just being honest because I think people need to hear the full story not just the end result.
Because here's what I know now. The people who actually make it aren't the ones who found a shortcut. They're the ones who stayed when it stopped feeling exciting. When progress was invisible. When it made more sense to quit than to keep going.
That middle period is where most people tap out. Not because they lack talent, but because slow progress doesn't feel like progress at all.
If you're somewhere in that grind right now, behind closed doors, no results yet, questioning everything, that's not a sign to stop. That's just what the process actually looks like before it pays off.
Stay with it.
the main thing that plays the biggest role is only staying inside the barriers.
I'm not saying follow me, I'm just asking you to grab a paper and you WRITE DOWN YOUR WHOLE STRATEGY from A to Z.
Once you've done that you also write down the things that ruins profitability which is: fomo, revenge trading, holding more into losing trades than winning trades, dragging your stoploss even further hoping it will turn around, adding massively in winning position etc.
By Monday I want you to look at tradingview (or at any platform you watch the charts at) and say,
there is a trade and it looks valid it fits my strategy, I'm taking it.
there is a trade and it looks valid it fits my strategy but somehow it feels weird and my intuition says that It might result into a loss, I'm not taking it.
there is no trades at the moment I'm setting the alerts, I'm going for walk/gym. I'm not taking any trades today.
there is no trades but I'M SURE I CAN FIND SOMETHING, be aware of fomo and stay away from the screen until a trade presents itself.
Trading is not about screen time, everybody can stay infront of the screen for 12 hours and generate 10k a month but that's not the reality market doesn't really care.
I trade every setup differently.
I risk based on the setup quality, I risk anywhere from 3k down to 1.5k based on the setup.
A good risk structure trade with a high probability of winning is where I risk more and more likely the full amount which in my case is 3k. Setups with a bad risk structure and feels off but it still fits the "strategy" is where I risk less around 1.5k to 2k.
There are multiple ways that I control risk but if you want to learn more simply tap my profile.
Trading this way makes it way easier and I do average around 8-10 trades per month which are swing trades.
Many people do not realize that days, weeks go by and you haven't made any progress, or you haven't won any trade and it's completely normal.
I've personally made around 50k past few months documenting everything, simply tap my profile you'll get what I'm saying.
Boring days/weeks and even months are going to happen in trading and It's normal, last two weeks in April I didn't take a single trade. Knowing when to stop trading and forcing trades is where the biggest thing in trading shifts.
There are periods in trading where your setups are going to happen really frequently but there are periods where you can't find your setup for 1/2 weeks and that's where most people lose their discipline.
Make trading a business be very selective and try to say NO to bad trades or those that doesn't feel right.
Everyone's showing you the highlight reel, the cars, the lifestyle, the money. And I get it, it looks appealing. But what you're not seeing is the years behind it, or half the time whether it's even real.
I spent two years in trading barely breaking even, two years of staring at charts, second guessing every decision, watching losses add up and wondering if I was just wasting my time. No one was clapping for me then. No one was watching.
Then something shifted. The last year and a half I've been consistently profitable and in the past 5 months alone I've pulled in around 90k. Not bragging, just being honest because I think people need to hear the full story not just the end result.
Because here's what I know now. The people who actually make it aren't the ones who found a shortcut. They're the ones who stayed when it stopped feeling exciting. When progress was invisible. When it made more sense to quit than to keep going.
That middle period is where most people tap out. Not because they lack talent, but because slow progress doesn't feel like progress at all.
If you're somewhere in that grind right now, behind closed doors, no results yet, questioning everything, that's not a sign to stop. That's just what the process actually looks like before it pays off.
Stay with it.
What I avoid the most and where I keep on improving.
I personally try to stay calm throughout the day and avoid getting involved with people who can indirectly affect your trading mindset. Many people don't understand trading they come from different perspectives, and a lot of them think it's straight up gambling.
When I'm on a losing streak, I avoid my PC and go for a walk or hit the gym, until a setup presents itself.
Since I'm a swing trader I try to trade less, right now I average 10-15 trades a month but around 5-8 trades a month is a sweat spot.
And the foundation of all of it? Eating well and sleeping well. It sounds basic, almost too simple to matter but if you're skeptical, just try it consistently and come back to me.
The things that seem the least "trading-related" are often the ones that separate the traders who last from the ones who don't.
I personally have a full documented group of me doubling an account within 3 months with all the entries, modifications, exits, simply tap my profile you'll get it. And what was the strategy? Simply using HTF and s/r zones, that's it.
People want a black and white strategy, people want all these crazy strategies with 20 indicators that you can't barely see price action.
By studying price action is far more important than all your indicators combined, trading doesn't have to be complicated as everybody seem to make it in all the videos you see in youtube or any other platform.
Do you want to make trading work? Go and get your own edge, and only try to control risk. Win more when you happen to be winning and lose less when you're losing, cut losses short and hold more into winning trades.
Nobody can predict price leave all this crap you see online.
Currently sitting in a net profit of 10% this month, but every breakout is failing every zone is breaking without any hesitation. It suddenly became harder to trade these days with all the wars going on, I personally going to step out and be extremely selective on setups.
This is just my personal thoughts, drop a comment below what's your next move?
I trade forex only and I'm a swing trader, I avoid the screentime and trading most of the time.
Throughout the day I scroll in Tradingview and see what's up in the market, let's say I identify 3 setups that are ready and worth a shot, I jump on lower timeframes watch everything closely and most of the time I leave without taking any trade, by tomorrow morning I see that they would have been invalidated or hit SL. And in rare cases I take a trade here and there and they work just fine or If they don't I manage the trades and try to get out earlier to manage risk.
Trading less is far more effective than trading more, I'm very very careful on picking trades, and this is just my opinion love to hear yours, drop it below.
Everything changed when in my journal, I've noticed that the best trades were the ones that had a stoploss in a perfect position.
Short trade, SL above recent high, TP before previous low. Makes perfect sense.
These were the trades that performed the best for me, why? because price has neither to break one or the other. Highly recommended to keep journal in your trades.
Stoploss placement in such a way which makes it harder to be hit and makes it easier to manage.
The loving quote of my fav trader
"I believe in defining my risk. I don't believe in defining my reward." — Tom Hougaard
The moment you open a live account the markets feel extreme slow and everything seems off.
I've been a profitable trader for a year and a half and I've gone through many things. Simply tap my profile and follow me in my journey.
The main thing that led into FOMO-in, revenge trading, opening random position is that market seem to be slow at that moment due to emotion. In demo once I was in a position I forgot about that position and only checked that 2-3x within the day but in live markets I was infront of the screen the whole time that led to closing the position early, holding it more into drawdown hoping to go back, re-entering stupid trades, doing all the crazy things you can imagine.
What I suggest to do is simply put a small amount into one live account and treat that account same way you'll treat a demo account, in terms of holding the position and accepting the outcome.
I do make a decent amount of money by doing less in trading.
10 trades a month in average has worked better than 50 trades a month, I have better results being more selective and only Swing trading on higher timeframes.
More work doesn't guarantee more money in the bank, learn to sit hands-folded and wait for your best setups.
6 months alone I've made around 45k in forex alone, all the trades are documented and timestamped in my journal group, if you want to be part of the group simply tap my profile. But not all these months were perfect, within 3 months I've doubled an account last 3 months were not that good, maybe with all the wars and stuff going on I might have slipped somewhere, trading isn't the get rich quick scheme, trading is business, you should expect down weeks, down months.
Trade less my friends.