My Trading Plan Wasn't Working... So I Fixed It With 3 Simple Changes!
My old way of trading stopped making good money. I felt stuck. So I made three key fixes that really helped:
1. Look at the Big Picture First:
I used to only watch small price moves (like 5-minute charts). Now, I "always check the bigger trend" (daily or 4-hour charts) before making a trade. Is the market generally going up? Is it near a price it struggles to pass? This stopped me from making bad trades against the trend. ✅
2. Spot the "Fake Moves":
Sometimes the price quickly breaks through a key level, tricks everyone into jumping in... and then snaps back the other way. I now "wait for that snap back" and trade with it. It catches the people who got fooled! 🪤
3. Bet Smarter, Not Bigger: I don't risk the same amount every time. If everything lines up perfectly (big trend + key level + my signal), I risk a bit more. If it's just an okay setup, I risk my normal amount. If it's weak, I risk less or skip it. This saves money on losers and makes more on winners. 💰
Result?
Less stress, fewer losing trades, and bigger wins when I'm really confident. My plan just needed to be clearer and more flexible!
What's one thing YOU changed to make your trading better?
#MyStrategyEvolution