5M Displacement FVG (Short),
5M Displacement Through H12 Open,
CPI,
CPI rever,
Higher H12 Bearish Orderblock Target,
Prior Day M5 FVG Premarket (Long),
Today's trading notes reveal several key takeaways, particularly in relation to trading approach, mindset, and emotional challenges:
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Market Structure and Trade Setup Analysis:
- The initial short trade on the 5M bearish displacement FVG through the 12-hour open price was based on a solid premise—a liquidity sweep below the prior day low and continuation downward.
- Despite seeing a strong bearish structure from the 1M to the daily chart, the trade reversed at the untapped prior day 1M bullish order block, revealing that even strong confirmation signals can fail near critical levels.
- Important levels like the prior day low and bullish order blocks played pivotal roles, underscoring the necessity of remaining attentive to possible reversals near these high-probability areas.
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Overtrading and Tilt:
- Missing favorable trades the past two sessions led to frustration, and today’s losses triggered a tilt response, resulting in increased position sizes and repeated attempts to "make back" losses.
- This emotional reaction escalated losses and led to hitting the maximum drawdown limit for the day. This pattern demonstrates the need for tighter emotional control and a clearer plan for handling losses.
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Emotional and Mental Fatigue:
- The notes highlight persistent feelings of frustration, anger, and self-doubt, which are intensified by reliance on trading as a sole income source and prolonged struggles to achieve consistent profitability.
- This intense focus on trading without positive reinforcement has led to mental fatigue and a sense of burnout, affecting overall trading performance and decision-making quality.
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Reaffirming Effective Trade Setups:
- Both the prior day 5M bullish FVG re-entry and the prior day 1M bullish order block were identified as the “Trade of the Day” setups, showing that reliable models are already in place.
- However, waiting for these setups can be difficult, and their effectiveness can be undermined by taking impulsive trades outside of these criteria.
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Trust Issues with the Market:
- The prevailing mindset is one of distrust toward market signals and frustration with perceived inconsistency, resulting in a cycle of skepticism that hinders execution.
- This lack of trust in setups and market signals creates a negative feedback loop where each trade is approached with the expectation of failure.
Key Recommendations Moving Forward:
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Reset and Clarify Your Trading Process:
- Consider reviewing and clarifying trade entry rules to help reinforce trust in your setup models, especially the ones that have demonstrated reliable performance.
- Developing an approach to reduce emotional weight in trading decisions could involve a step-by-step checklist that minimizes subjective decision-making.
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Incorporate Emotional and Risk Controls:
- Create a “cooldown” process after each loss (e.g., take a 10-minute break, review the setup criteria) to prevent further trades made out of frustration.
- Stick to a single position size until consistency is achieved, which helps prevent emotional doubling-down during losses.
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Reframe and Adjust Expectations:
- Accept that every trade carries the potential for loss, regardless of setup quality, and success is determined by consistency over time, not by any single trade outcome.
- Shifting the focus from profits to executing a disciplined process may ease performance pressure, making it easier to endure short-term losses.
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Take Intentional Breaks to Recharge:
- Since you’re feeling intense frustration, giving yourself small breaks away from the screen might help reset your mindset and allow you to come back with a clearer, less emotionally charged perspective.
Focusing on process, emotional control, and gradual improvements over time will help stabilize your approach. Additionally, addressing your trust issues with the market and incorporating objective decision-making will allow you to rebuild confidence in your trading strategy.
Today I hit max drawdown of $200. I attempted a short side trade on a 5M bearish displacement FVG through the 12 hour opening price.
I was simply looking for a liquidity sweep of the prior day low, with continuation to the downside, but the trade reversed at the prior day 1 minute untapped bullish orderblock.
In mist scenarios, I would imagine that this level should have been swept, due to the fact that the higher timeframe prior day bullish fair value gap, reversed after the CPI read.
During this time, I was tracking multi-timeframe trend shifts, and at this moment, I say that basically all the timeframes were signaling short, from the 1 minute to the daily chart, and although the 12 hour trend was technically up, the structure of the h12 chart was still pointing down, and I figured that would override any chance of a bounce. And this was after a premarket rejection of both bearish 12 hour orderblocks. With alot of sell side liquidity below the prior day low.
But whatta you know, it literally reverses from a bottom tick away from the prior day low, and my trade failed.
But the 1 minute inversion fair value gap, from the prior day 1 minute bullish orderblock, was the trade for the session, and the exact moment it ripped into my higher timeframe bearish FVG, through the 12 hour open price, which I figured was on my side due to structure and the fact the candle flipped red, wound up going against me.
It really was unfortunate, and I wound up going slightly on tilt, due to the fact that I missed my setup the past 2 trading days, and both trades would have worked in my favor, yet when I take this trade, it didnt workout. So I wound up immediately trying to make my money back, and I went even heavier with an extra contract on the second trade, and was immediately stopped out, and I took a 3rd trade, fighting the reversal, until I hit max drawdown of $200 on the day.
I really am in a deep funk. During the trade today, I was very angry in the trade, and Ive noticed that lately, that basically every trade that Im in, im am annoyed with price action, Im simply fed up with trading lately, and this is my last go at becoming funded and getting a payout. So I really need to try to find a way to overcome these mental barriers fast because I am almost done with this career at this point.
I simply dont know how much screen time and effort I can possibly put in to make it work.
I have basically been soothing my mental capital and energy by tracking every single timeframe and not taking a single trade that isnt confirmed amongst all the timeframes.
The prior 2 days have swept the prior day low, so the daily trend was technically pointing down, Im unsure how the 12 hour didnt follow suit, after rejecting CPI, after rejecting all the bearish orderblocks on the 12 hour, after giving me a displacement price action signal through the 12 hour open price, and I literally cant even get a simple 2R trade back through the prior day lows. It really really is fucking with my head.
I am really just feeling overall how unstable of a career this is, how Im relying solely on it, and how it just simply isnt paying off. And the anger has been building up over years.
Im in the complete mindset that the market is just rigged against me. Or that there is a power in the universe thats against me. Because if I follow a thorough plan, and still lose money I just simply dont know what else to do to become profitable and get a payout.
The moment I analyze how the market it trading, is the exact moment it changes when I implement a trading model. So if it constantly changes, then I really just feel like Im gambling. I do not trust a single fuking signal the market provides me. Every single trade I am either in or about to take is a knowing of a gut feeling that im just going to lose simply because I entered.
Im not sure what else I can do.
But, the trade of the day setups were a Prior Day 5 minute bullish fair value gap re entry
And a Prior Day 1 minute bullish orderblock long
and both of these trades had a profit target at the higher 12 hour bearish orderblock.
