#CircleIPO #TradingPairs101 How I Recovered from a $50,000 Loss by Ditching Indicators and Listening to Price 📉 Let’s be hones
How I Recovered from a $50,000 Loss by Ditching Indicators and Listening to Price 📉
Let’s be honest—nothing stings quite like watching your hard-earned money drain out of your account.
I know that pain all too well. I lost $50,000 before I finally realized what was holding me back. Every position I opened felt like a coin flip. I chased indicators. I jumped on headlines. I trusted hype over logic.
And it nearly wiped me out.
But then something clicked—Price Action Rejections. And that one insight flipped my entire trading approach.
📉 Reality Check: What Wasn’t Working
At my lowest, I had to face some uncomfortable truths:
Indicators were always a step behind.
Market news was noisy and unpredictable.
Most signals contradicted each other.
What I truly needed wasn’t another flashy tool—I needed a clear, grounded strategy. One that was based on how the market actually moves… not theories.
That’s when I discovered the power of watching how price behaves at major zones.
🔍 The Game-Changer: Price Action Rejections
It’s not about guessing or gambling—it’s about reading the story price tells through candlesticks.
Whenever price hits a key level—whether support or resistance—it gives clues. Rejection patterns aren’t just visual. They reveal the psychology of buyers and sellers in real time.
Here are two key scenarios that transformed my trading:
📌 Bullish Rejection at Support
Price falls into a known support zone.
A bullish engulfing candle prints.
A long wick forms, rejecting the lows.
Buyers are clearly stepping up.
✅ I now enter after confirmation, not on impulse. I let the setup develop, manage risk, and ride the trend with a plan.
Before: I would panic sell at support.
Now: I enter with clarity and let momentum work for me.
📌 Bearish Rejection at Resistance
Price climbs toward resistance.
A shooting star or bearish pin bar forms.
Price stalls—then starts to reverse.
✅ I take a short after t
