Short spoken advice from Jesse Rogers arguing that the highest-probability profits come from ‘failed reversals’: when price tests a key level, shows a reversal, then immediately rejects and continues the prior move. He recommends entering in the direction of the failure to capture the forced liquidation/stop-loss cascade from trapped traders and frames the approach as a confidence-building trading mindset.
ICT became easy when I realized this one thing. You see, every losing trader thinks that they need to catch the perfect reversal. But the biggest money is made when that reversal fails. And that's because when price hits a key level and shows signs of a reversal, but then immediately gets rejected and fails, well, all those traders who bought this bounce are now trapped. And that means that the more price pushes lower, the more their stop losses are going to become fuel for the real move. So whenever a reversal fails, just enter in the direction of that failure, because that way you're going to make more money off the real move as everybody else gets stopped out and trapped in the trade. Now save this post, because when you finally learn to profit from your failed trades, well, you're never going to fear trading again.
