USDJPY 15 Minutes Time Frame look 1629SGT 21032025

3月21日

Closer look at how the USDJPY's entry setup look like.

1630SGT 21032025

3月22日

手動結束交易

I decided to call it a day by concluding this trade as a set of trade, regardless of it being 1 trade, or 3 trades.

This time round is special because I decided to close the trade out for breakeven(slight profit of +0.1R).

Everytime I conclude a set of trade(s), I will take a break and relax. Allow my mind to cool down. Recalibrate.

Overtrading kills.

Common wisdom are as such,

- Overtrading kills account.
-Overconfidence leads to over trading.
- Trading is a get rich slow scheme.

etc.

I think this time round, I am focusing on the overtrading kills and overconfidence leads to over trading.

Even for my previous entry records under, Trust The Process. I was profitable(in the oppoosite way), however, due to some small differences in the pairs I could take, and my eagerness to show a negative PNL on my main account(because opposite is true, and I take "real trades" on my opposite is true account with "real money".), I burnt myself out, and my overconfidence caused my confidence to give way. I stopped trading that method after I "realised I was trading the "wrong" way"".

Back to this 2nd set of trade(s).

I manually exited for a +0.1R profit.

I want price to go in my direction swiftly, or at least, in the time frame that I am not watching the chart.

Since it didn't, and price went back to breakeven, I don't want it anymore.

It doesn't matter what price do after I exit, because it's like I didn't take it in the first place, just like the thousands of setups which are similar to this usdjpy setup that I didn't take. Those doesn't matter. This doesn't matter either.

This is the conclusion of this second set of trade(s).

Let's take a chill pill, and sit back, relax. Let us recalibrate ourselves.

1351SGT 23032025