How did I start trading profitably?
The turning point in my trading came when I abandoned the classic set of scalping strategies (knives, sharpeners, pokes, bounces, etc.) and focused on a single one – liquidity rupture.
Liquidity rupture (breakthrough level) is the only market mechanic that allows earning while completely excluding the element of forecasting. That is, my entire trading strategy is built solely on mathematical probability and strict adherence to the rules of the trading system (TS) – especially risk management (RM). This is also the main advantage it has over other TS – I am left with no space for so-called “creativity” in trading. This greatly limits unsystematic trading and its most dangerous manifestation – gambling. Essentially, by choosing to specialize in breakouts, I received a gift in the form of a die, where 4 out of 6 faces have the same value. All I have to do is simply roll the dice – that is, blindly repeat the same thing every day, following the rules of the TS.
Multitasking is the main enemy of a trader!