November 2026 Trading Week 4 Lessons
I Learnt that as a trader,
1) Discipline is required everyday not somedays. For Everyday you show up, and every time you open a chart to analyze the markets and look for trade setups, you must be disciplined in your approach and be specific in what you're looking for. Don't be random in your analysis, be specific.
No two trading days are the same. don't treat today's trading day, like yesterday. Price may repeat patterns and behaviours, but it has never done so in time like today or tomorrow. There has never been a 3rd October 2026 before, and there will not be another 3rd October 2026 again. This consciousness will help in treating each specific trading day and results independent of yesterday's results.
2) Build your Bias ahead of the day or session you want to trade your setup. In most cases, traders build bias the same day and trade the same day, without having time to groom and nurture their trade setups from the formation stage to the execution stage. you can build on 3 or more trade setups a week, but in grooming, you plan your trades around them. your risk, your reward, your number of positions for that trade setup, lot size etc. and you study how the pair behaves not just opening the chart and looking for where to click buy or sell.
Even in building your Bias on the same day and trading the same day, you have to plan early ahead of the session you want to trade the setup. You don't analyze in New York session and still trade in New York session. This gives you less room for trade preparations and having the proper time to scrutinize reaction levels and the probability of the trade setup.
You can Analyze and plan in London session and wait for execution in New York session. but this method works best for scalpers.
As a Day-trader, build your bias ahead of the next day.
3) Take a breather when it feels like losses are on your neck, or your analysis are constantly hitting stops. This means taking a step back to review your losses and current market conditions in relative to your strategy.
Observe and take note of days, or weeks, or trading sessions, or hours and particular Assets/instruments your strategy delivers optimally for you. This is how you sustain your edge.
When market conditions changes, you must learn to adapt with your skills alongside with it.
As a trader, be like water waves, that goes with the tides and flows of the market. Don't be rigid on your perspective, market is dynamic, and so should you.
