Sometimes, the Best Trade You Make Is No Trade at All
Iโve been thereโstaring at the charts, itching to take a trade just because I felt like I had to. The market was moving, and I didnโt want to miss out. But guess what? Some of my worst trades happened when I forced something that wasnโt there.
Thereโs power in waiting. If the setup isnโt clear, if the confirmations arenโt there, or if the market feels unpredictableโstep back. No trade is always better than a bad trade.
A Candlestick Lesson: The Doji
Take the Doji candlestick, for example. It forms when the market is indecisiveโbuyers and sellers are battling, but neither is in control. A Doji is a sign to pause, not to jump in blindly. Instead of forcing a trade in an uncertain market, wait for confirmation. Let the market show its hand first.
The Reality Check
Patience Pays: Great setups donโt come every minute. Protect your capital for the high-probability trades.
FOMO is Your Enemy: Just because the market is moving doesnโt mean you need to move with it.
Discipline Over Impulse: The traders who last the longest are the ones who know when not to trade.
So next time youโre about to take a trade just for the sake of doing something, ask yourselfโIs this really worth it? Because sometimes, the best move you can make is to do nothing at all.
$MYX โThis is what you call precision win. Congrats!
What's Next? Reclaim of 0.087 support will create a higher low & potential for upside move, until then bears still have the structural advantage.
dr_mt
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Bearish
$MYX SIGNAL ALERT W/ SHORT SETUP !
Detailed Analysis ๐
SHORT ENTRY : 0.1159-0.12 TAKE PROFITS : 0.108, 0.0992 & 0.0869 STOP LOSS : 0.1323
*$MYX saw a dramatic increase from 0.85 to 0.126, however after a bullish rally traders are now choosing to cash on their positions. RSI is curving down and now is in 50s. On 1HR TF MA(7) has already been crossed & if MA(25) is also crossed then we'll have our bearish momentum confirmed. Expect a small bounce for retest around 0.103 to 0.1169, an ideal pace to short this setup! Know your risks before committing to a trade.
$Mโ Simple, clean & picture perfect. ๐ท Check the before & after pics for results. Those who followed this call, congrats! ๐ค
What's next? Currently near support, there's a potential to bounce & to retest resistance above. Watch for reaction around 0.45 level for next setup. ๐ฅ
I post at least 5-7 times daily with quality trade setups & opportunities in the market. Stay with me, interact & lets make a team together! ๐
dr_mt
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Bearish
$M has now formed decending triangle & you know what that means! A down move & break of bottom support will lead to panic selling. ๐ A short move is brewing, what will be your next move? ๐ป
Reflecting on the past experiences : I remember when I first started futures trading. On every trade I was LIQUIDATED. I wouldn't even last more than 1-5 mins or even less. Reason : Using 75-125X leverage on Isolated margin. Not understanding, not having knowledge can result in unneccessary losses. There was no one to help, there was no Binance Square. If you are new to this, then there's a high chance you're making the same mistake and don't even know it, causing you unwanted frustration & resulting in being emotionally drained by losing back to back. Know this that It's not your fault. You are new to this. And every new thing takes time before you master it. Every walking person alive has fallen countless times before learning to walk. Take it slowly. My advice is to be as curious as you can to learn about every tool and settings on the platform, get familiarize yourself with small experimental amounts until you know what they are and how to use effectively. Take notes, journal, watch videos, read, etc. Remember this : No one can teach you the way you can teach yourself by experimenting & showing curiosity with caution. This is the best teacher in my experience because this way you are hard wired. Book knowledge is not enough. Hands on experience is everything! Just be mindful of the biggest TRAP, Trying to get rich quick. Even seasoned traders make this same mistake from time to time. It's very easy to fall for this trap. All the profits you earn can be drained by just one wrong move. It's not enough to know this alone, making a habit by continous practice and failures can only teach you on how to avoid it.
Be aware & journal every trade, so you can keep a check on yourself. Take ownership, learn & keep improving! โ๏ธ
$M has now formed decending triangle & you know what that means! A down move & break of bottom support will lead to panic selling. ๐ A short move is brewing, what will be your next move? ๐ป
$FUN is forming rising wedge chart pattern which means a down move is brewing as buyers lose steam. However a fake break out to sweep liquidity or stop losses above may happen. After the fake out once it enters the structure again, it will make good time for short entry targeting below. Check the image for full trade setup!
๐๐ซ"Iโm Spending So Much Time Tradingโฆ But Iโm Still Not Winning."
That was me not too long agoโglued to the screen for hours, chasing charts, entering trades just because I felt like I had to.
But hereโs what I realized the hard way:
The more I traded, the more I lost.
It wasnโt that I lacked skill.
It was that I was overtradingโemotionally drained, jumping in without purpose, thinking more screen time meant better results.
Hereโs What Changed Everything for Me:
โ๏ธ I started trading only 2-3 hours a day, mainly during the New York session (8:30 AM - 12 PM EST) and sometimes the London session (3 AM - 7 AM EST).
โ๏ธ I stopped chasing every candle and began planning every trade like a sniper.
โ๏ธ I gave myself 30 minutes in the morning to mark key levels, set alerts, and visualize the setup before even clicking anything.
โ๏ธ After trading, I take a full 20 minutes to journal โ what worked, what didnโt, and how I felt during it all.
โ๏ธ And most importantly? I stopped forcing it.
Some days, I donโt take a single tradeโand thatโs okay. Because discipline pays me more than FOMO ever did.
If You're in the Same Boat:
Please donโt burn out chasing candles.
Set a routine. Respect your energy. Trade like you mean it, not like you need it.
You donโt need more trades. You need better ones.
Don't Miss this move on $HYPE as it forms head & shoulder after strong rejection! Check the image for potential SETUP. DYOR & Know your risks before making any commitments. Follow me for more analysis & quick setups ;)
$HYPE just formed dragonfly Dogi on 15MN TF, indicating strong rejection after $HYPE tried to break above. This sort of rejection usually entails a bearish follow up.