How I Recovered from a $3,000 Loss by Ditching Indicators and Trusting Price Action đ
Letâs be honestâfew things hit harder than losing your money in the market.
I know. I lost $3,000 chasing the wrong things: â Indicators that lagged behind
â Headlines that created noise
â Signals that contradicted each other
â Hype over logic
I was reacting, not reading.
But what changed everything?
Price Action Rejections.
đ What Wasnât Working
I over-relied on indicators. They told me what had happened, not what was happening.
I let FOMO and fear drive my decisions.
I ignored the only true voice in the market: Price.
đ The Shift: Price Action Rejections
Instead of reacting, I started observing. I focused on how candlesticks behave at key levels.
Bullish Rejection at Support
Price taps support â bullish engulfing candle + long lower wick
Signal: buyers are stepping in
â Now I wait for confirmation. No more panic selling.
Bearish Rejection at Resistance
Price nears resistance â shooting star or pin bar forms
Signal: sellers are pushing back
â I short after the rejection confirmsânot during the hype.
đĄ What Changed?
â Entries became cleaner
â Trades were fewer but higher quality
â Win rate improved
â Less stress, more patience
Most importantly:
I stopped forcing trades. I started waiting for the market to invite me in.
đŻ Final Lesson
Price Action doesnât lie.
No indicators. No fancy setups. Just clean, raw movement.
If you feel stuck or overwhelmed, maybe itâs time to simplify.
Let the chart speak.
Be patient.
Trust what you seeânot what you hope.
This perspective shift saved my trading mindset.
It might just do the same for you.
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