đMarket Makers Do this and Stopping You Out!
"Donât 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 traderâalways buying too soon, chasing prices, and getting stopped out repeatedly. Iâd enter high, set my stop just below support, and within minutes, Iâd get knocked out. Then Iâd watch the market go exactly where I thought it wouldâwithout me.
I wasnât just losing money; I was losing confidence and patience.
The Pain of Being Early
I thought I was smartâwaiting 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:
âDonât buy it. Set an order where youâd put your stop loss and see how often the price hits it.â
At first, it sounded crazy, but I tried it. I marked my usual stop and waited. No fear, no emotionsâjust 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.
Thatâs 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 donât chase or beg for setups. I let the market show me what it wants, and then I act. My win rate didnât skyrocket, but my mindset is stronger than ever.
If youâre tired of being hunted, it might be time to change your game. The difference between getting stopped out and getting filled is patience.