Your dept of insight amaze me, like you’ve been through it all. I need your advice cause I’m experiencing this situation right now. My strategy gives me atleast 2-3 opportunities in a week but last week I noticed my set up played out in Asian sessions and I only trade London and New York, 2ndly i didn’t get any set up last week in London and newyork session which i started noticing my frustration rise but my question to you is, is it a time to be patient or a time to adapt ?
Totally get the frustration.. one week isn’t a reason to change your whole approach. Be patient for now. At the same time, observe. If your setup keeps showing up in Asia and not in London/NY over the next couple weeks, then it might be time to adapt. But don’t jump the gun based on one week of data. Also, is this shift happening because of market conditions or something specific to the sessions you trade? Keep tracking the pattern while sticking to your approach. Its normal to experience what I call an “adaptation performance gap” before adjusting.
Your dept of insight amaze me, like you’ve been through it all. I need your advice cause I’m experiencing this situation right now. My strategy gives me atleast 2-3 opportunities in a week but last week I noticed my set up played out in Asian sessions and I only trade London and New York, 2ndly i didn’t get any set up last week in London and newyork session which i started noticing my frustration rise but my question to you is, is it a time to be patient or a time to adapt ?
Totally get the frustration.. one week isn’t a reason to change your whole approach. Be patient for now. At the same time, observe. If your setup keeps showing up in Asia and not in London/NY over the next couple weeks, then it might be time to adapt. But don’t jump the gun based on one week of data. Also, is this shift happening because of market conditions or something specific to the sessions you trade? Keep tracking the pattern while sticking to your approach. Its normal to experience what I call an “adaptation performance gap” before adjusting.
In current market conditions, I believe a price-action-based strategy is the one that best adapts to changing environments.
I share the same perspective — objective entry model but flexible trade manag and exit plan based on PA.