Most traders donāt fail because they canāt analyze charts. They fail because they donāt manage risk or control emotions. I used to focus on perfect entries. My results improved when I focused on: ⢠Risk management⢠Discipline⢠Taking fewer, better trades Good analysis helps. Good execution makes money. Question :Are you working more on your strategy⦠or on your discipline?
Oil completed a 5-wave impulse down followed by an ABC correction, with wave C printing a terminal ending diagonal. The break of the diagonal + impulsive wave 1/2 and now taking out wave 1 highs confirms a momentum shift. This looks like the beginning of a new impulsive sequence, not just a bounce. Watching for continuation and clean structure on lower timeframes. š„
@Mubarik Iddrisu Great analysis But Iāve learned something important in trading⦠The problem isnāt reading the chart. Itās managing risk. I used to focus on perfect entries and patterns. My results improved when I focused more on: ⢠Risk management Position sizing Protecting capital Being right is good. Staying consistent is better. Question :If this trade goes wrong, is your risk already controlled?