Context : Daily Chart ETHUSD.
Uptrend intact.
Price sitting right on the trend line.
Price consolidating into a series of dojis.
Imagine this scenario.
You have a plan.
You're a trend trader.
You're looking to get long.
You start to observe the context…
We’re into September.
Tech showing signs of correcting.
Gold heading up.
This chart... right here, right now is consolidating.
And so you experience a little flicker.
A small niggle …
There it is.
The voice of doubt.
"I should get long but maybe this is the one that gives way".
You feel a moment of indecision.
And you’re stuck frozen
The human version of a doji.
Indecision has a cost and takes a toll.
Not just in lost opportunity BUT in energy and confidence.
A simple practice to help guard against this:
Pre-decide the conditions.
Write down before you enter what tells you to stay in and what tells you to step aside.
Separate the signal from the noise.
Notice the flicker of doubt, but act on your plan, not the passing thought.
Doubt will always show up.
The edge comes from knowing what you’ll do when it does.
Uptrend intact.
Price sitting right on the trend line.
Price consolidating into a series of dojis.
Imagine this scenario.
You have a plan.
You're a trend trader.
You're looking to get long.
You start to observe the context…
We’re into September.
Tech showing signs of correcting.
Gold heading up.
This chart... right here, right now is consolidating.
And so you experience a little flicker.
A small niggle …
There it is.
The voice of doubt.
"I should get long but maybe this is the one that gives way".
You feel a moment of indecision.
And you’re stuck frozen
The human version of a doji.
Indecision has a cost and takes a toll.
Not just in lost opportunity BUT in energy and confidence.
A simple practice to help guard against this:
Pre-decide the conditions.
Write down before you enter what tells you to stay in and what tells you to step aside.
Separate the signal from the noise.
Notice the flicker of doubt, but act on your plan, not the passing thought.
Doubt will always show up.
The edge comes from knowing what you’ll do when it does.
Helping serious traders & fund managers perform without the emotional cost. Calm confidence. Consistency. Self-trust. Sign up to my newsletter for more.
Follow me on:
➝ rfactory.io/mindset
➝ linkedin.com/in/sonal-darbar
Follow me on:
➝ rfactory.io/mindset
➝ linkedin.com/in/sonal-darbar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Helping serious traders & fund managers perform without the emotional cost. Calm confidence. Consistency. Self-trust. Sign up to my newsletter for more.
Follow me on:
➝ rfactory.io/mindset
➝ linkedin.com/in/sonal-darbar
Follow me on:
➝ rfactory.io/mindset
➝ linkedin.com/in/sonal-darbar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.