šMarket Makers Do this and Stopping You Out!
"Donāt buy it right away; set an order to buy at your stop loss level and see how often the market hits that order."
This really hit me hard. I used to be that traderāalways buying too soon, chasing prices, and getting stopped out repeatedly. Iād enter high, set my stop just below support, and within minutes, Iād get knocked out. Then Iād watch the market go exactly where I thought it wouldāwithout me.
I wasnāt just losing money; I was losing confidence and patience.
The Pain of Being Early
I thought I was smartāwaiting for the right moment and acting fast. But I was rushing out of fear: fear of missing out. The market punishes fear and rewards discipline.
One day, I heard someone say:
āDonāt buy it. Set an order where youād put your stop loss and see how often the price hits it.ā
At first, it sounded crazy, but I tried it. I marked my usual stop and waited. No fear, no emotionsājust a silent order.
And guess what? The market hit it perfectly. This time, I got in instead of getting knocked out.
What I Learned
1.Chasing prices is a rookie mistake .
The market thrives on your impatience. Change your approach.
2.Stop loss zones are traps.
Thatās where the market wants to go. Meet it there.
3.Discipline is key.
Waiting for the market to come to you changed everything.
Now, I trade differently. I donāt chase or beg for setups. I let the market show me what it wants, and then I act. My win rate didnāt skyrocket, but my mindset is stronger than ever.
If youāre tired of being hunted, it might be time to change your game. The difference between getting stopped out and getting filled is patience.
#TradingStrategiesš¼š° #DECIPLINE #StopLossHunting #stoploss