In my beginnings, I used to trade on smaller timeframes such as M5 and M15. I followed someone else’s strategy that involved using MACD, Bollinger Bands, and 6/12 EMA crosses to find new trading opportunities. It worked for a few months, but I had to spend several hours each day monitoring the charts. I would wait for the London and New York market openings before making trades. My focus was solely on Forex trading, which was quite stressful. However, with more experience and consideration of my personal needs and life circumstances, I realized that something was missing. It wasn’t until I learned about supply and demand that everything fell into place.

As traders, we often forget to step back from the charts and allow our trades to develop. It is important for us to have a trading strategy that aligns with our personality and helps us manage our emotions and greed. We should feel confident in our trading plan and the time we dedicate to it. It is crucial for us to prioritize our needs and determine our motivation for becoming a trader. Is it solely for financial gain? 

That’s not enough of a reason. Everyone wants money and a good job. There must be something else. You must listen to yourself and learn why you want to become a trader first, then choose the strategy that fits your personality and gives you enough time to achieve moments of happiness by sharing quality time with your beloved ones. Time to give and receive love. That’s all there is, my friends.

In the past, I used to trade frequently and achieve returns of 4-6% per month, sometimes even higher. You may have considered 4% a month to be insignificant, but that was an unrealistic mindset. Now, I have a clear understanding of my goals and how I want to achieve them. I have created my own trading strategy based on supply and demand, which I have successfully mastered.

I do not care about or follow anyone else’s trade ideas or approach to the markets. I only focus on my own rules and trading plan, disregarding the news and fundamentals. Why? Because I developed my rules without relying on them. It would be pointless to use fundamentals now. Additionally, it is often the case that strong imbalances outweigh any positive or negative announcements. It is important to closely monitor the charts and observe how they react when news is released or a stock’s earnings are published.

Technical analysis involves interpreting the mindset of all market participants. As a result, I left my dancing job to become a market psychologist. However, this decision requires more than just a desire for money and a good job. It is important to reflect on your personal motivations for becoming a trader and select a strategy that fits your personality. This will allow you to balance your work with quality time spent with loved ones, which is ultimately what matters most. Take the time to understand yourself and prioritize giving and receiving love, my friend.