Your bias will be wrong, you will lose trades, and your best setups will fail. Until you will fully embrace the losses and accept “Trading is a Game of Statistics”, you will never be successful.
Once the price reaches 1R profit or a significant target, you should be moving your stop loss to breakeven, and gain the ZERO risk trading status, by locking some profit you never go empty-handed.
Taking partial profits is the insurance of your hard work and analysis. Locking some amount of profit will keep your account intact and allow it to slowly grow.
We will go over each magic rule of trading. Top one rule? Protecting your account. So simple math; NO MONEY = NO TRADE, rest of the rules, strategies, and methods are meaningless if you have no money to trade!
If you want to maximize your win rate and reduce the overall stop hunts, you need to combine HTF and LTF and work with facts and confirmations without emotions.
Remember, the only purpose of the RANGES is accumulating orders for the new EXPLOSION! So if the price is ranging for a long time, you need to be extra careful while placing orders
VWAP is one of the few volume indicators that could be useful. It can guide your bias when you are confused. However, no indicator in the world cannot replace the PRICE!
When you evaluate a supply or demand zone, you always need to check how much LIQ HUNTED before, the conclusion will give you a risk assessment between HIGH and LOW probability trades.