š„šŖHow I Lost $50K Before Discovering This Game-Changing Strategyš„šŖ
If youāve ever taken a painful loss in trading, youāre not aloneāIāve been there too. I once watched $50,000 disappear from my account. Every trade felt like a coin toss. I chased indicators, followed hype, and got burned. Over and over.
I was trading blindlyāuntil I discovered the power of Price Action Rejections.
The Wake-Up Call
The real shift came when I realized something critical: indicators lag, news is noisy, and most signals contradict each other. I needed a clear, consistent strategy based on how the market actually behaves. Thatās when I came across the simplicity and strength of rejections at key levels using raw price action.
I began closely observing how candlesticks react around support and resistance zones. What I uncovered changed everything.
š The Core of Price Action Rejections:
Scenario 1: Bullish Rejection at Support
Market is in a downtrend, with strong bearish momentum.
Price hits a known support zone.
A bullish engulfing candle formsābuyers are stepping in.
A long wick shows price is rejecting lower levels.
I enter on bullish confirmation and trail my stop as the price rallies.
šÆ I used to panic and exit too soon. Now, I wait for the signal and trade with confidence.
Scenario 2: Bearish Rejection at Resistance
Market rallies with strong bullish candles.
Price touches resistance (often a flipped support).
A rejection candle, like a shooting star, appears.
Bears enter, and momentum shifts.
On confirmation, I go short and trail my stop as the move unfolds.
šÆ I used to buy the top. Now, I short rejections with precision.
What Changed for Me?
ā
Better win rate
ā
Cleaner entries
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Less overtrading
ā
More confidence and control
That one strategy helped me recover from a $50K lossābut more importantly, it taught me discipline, patience, and trust in price action.
ā„ļøDyle Gargani BhzH ā„ļø
#PriceActionTrading #TradingDiscipline #ForexEducation #LearnToTrade