Alpha Circle Nsukka | Charts, Psychology & Market Discussions
In my opinion losing on confidence setup can cause revenge trading
Yeah, I agree. Losing on a setup you had a lot of confidence in can definitely trigger revenge trading because it affects your mentality differently. You start questioning yourself and sometimes feel the urge to jump back into the market immediately to “make it back.”
I think it’s worse when you're emotionally attached to the setup or you risk too much on it. A lot of people forget that even clean A+ setups can still fail sometimes. That’s just part of trading.
What's you start trading without proper analysis, forget it 😂
Trading is one career that gives you a million and one ways to do the same thing.
You can literally have a setup where my TP is your entry and it'll work for you. We can have entirely different views of market structure and map out our structures differently and we'll both still be correct.
I think my background in Statistics really helps me understand this. It's all variables and probability.
Trading is one career that gives you a million and one ways to do the same thing.
You can literally have a setup where my TP is your entry and it'll work for you. We can have entirely different views of market structure and map out our structures differently and we'll both still be correct.
I think my background in Statistics really helps me understand this. It's all variables and probability.
Yeah trading is a game of probabilities that's why it is important to do the same thing every time so the probabilities can work. Once you start flip flopping between strategies, it becomes a longer road for the probabilities to work in your favor
Yeah, I agree. Losing on a setup you had a lot of confidence in can definitely trigger revenge trading because it affects your mentality differently. You start questioning yourself and sometimes feel the urge to jump back into the market immediately to “make it back.”
I think it’s worse when you're emotionally attached to the setup or you risk too much on it. A lot of people forget that even clean A+ setups can still fail sometimes. That’s just part of trading.
What's you start trading without proper analysis, forget it 😂
So accurate I really want to learn to accept lost even with my A setups
Educational post ... follow this steps and you make money 💰 forever
Once you firgure it out just be patient and deliver ...
Today education post
(SSL)sell side liquidity
(COCH) CHANGE OF CHARACTER
(LD) LIQUIDITY
(POI ) POINT OF INTEREST
EACH WEEEK ON A GOOD RUN GIVE AVERAGE 4 GOOD SETUPS ON 1H_4H TIME FRAME
BASE CONFLUENCE 98% ACCURATE
Yeah trading is a game of probabilities that's why it is important to do the same thing every time so the probabilities can work. Once you start flip flopping between strategies, it becomes a longer road for the probabilities to work in your favor
That's why risk management is also key.
When you think of it, it also makes sense why small accounts don't last.
You can risk 0.5% to 2% in a $10 account. Even a $1k acc is still small capital to trade with.
Not that you can't trade it at all, but you'll be trading with a different kind of mindset and a clear trading states clearly your rules and expectations.
So accurate I really want to learn to accept lost even with my A setups
Right.
You also need to come to terms with losing streaks. It happens. And it's normal.
Right.
You also need to come to terms with losing streaks. It happens. And it's normal.
This week was very rough for me but I will do better this opening week 🙏
Lol btc later dumping with 4h setups ....elite traders really have so much patience before they risk there money
Lol btc later dumping with 4h setups ....elite traders really have so much patience before they risk there money
I'm not seeing any clear bias on BTC though.
I'm not seeing any clear bias on BTC though.
This is a general view with lots of ifs