Sometimes, the Best Trade You Make Is No Trade at All
I’ve been there—staring at the charts, itching to take a trade just because I felt like I had to. The market was moving, and I didn’t want to miss out. But guess what? Some of my worst trades happened when I forced something that wasn’t there.
There’s power in waiting. If the setup isn’t clear, if the confirmations aren’t there, or if the market feels unpredictable—step 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 indecisive—buyers 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 don’t come every minute. Protect your capital for the high-probability trades.
FOMO is Your Enemy: Just because the market is moving doesn’t 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 you’re about to take a trade just for the sake of doing something, ask yourself—Is this really worth it? Because sometimes, the best move you can make is to do nothing at all.