0:54
If you can argue both sides of a trade, don't take it. The best trades are unmistakably clear: all timeframes point the same way, and upcoming news aligns with the trend. Focus only on these high-conviction setups to maximize returns.
If you can argue both sides of a trade, don't take it. The best trades are unmistakably clear: all timeframes point the same way, and upcoming news aligns with the trend. Focus only on these high-conviction setups to maximize returns.
This is going to be a very good mental model for you in general to think about filtering through trade ideas. Whenever you can make an argument for both sides of the equation, the answer is going to be no. Because if you really break down or just think back to some of the best trades that you've ever got, right, the trades where, you know, with a single trade you basically make enough money and you're done for the week. If you just look back to the best trades that you have ever taken, think back to it. How clear were they? Chances are it was super clear. Where, okay, the higher timeframe is pointing down, the lower timeframe is pointing down, the middle timeframe is pointing down, Trump is about to come out to speak or whatever. Like everything seems to be aligned. And when you see a trade like that, you're like, oh yeah, you know, you basically just come to the conclusion that, okay, this is— there is no other way for me to explain this other than the fact that this is an A+ setup. So I'm gonna take it. Of course I'm gonna take it 'cause it's an A+ setup. So those are the best trades that you take. And the beautiful thing about trading is that the amount of money that you make from trading is directly correlated to how many of these A+ trades that you manage to take.
