Published On Sep 15, 2024
In this video, we walk through a quick and effective daily trading practice drill designed to help price action day traders sharpen their skills.
This is called Urgency.
This is a longer explanation - I made a shorter one earlier
This simple drill focuses on finding:
Bear bars with no top tail
Bull bars with no bottom tail
And asking what just happened?
See the Tradingview chart here: https://www.tradingview.com/x/6y8bjqaG/
Bonus chart here: https://www.tradingview.com/x/b9X8bxEy/
Free Tradingview Indicator here: https://zentradingtech.com/2024/02/08...
Just click SETTINGS and turn on URGENT BARS
See more charts in the blog post here:
https://zentradingtech.com/2024/02/08...
This will help you to:
Not be scared by volatility
Let go of losing trades more easily
Avoid entering trades after the price has already finished
Position yourself better for the next swing
Incorporate this drill into your daily routine by practising 20-50 times initially, then just once daily.
If you make a mistake during live trading involving getting big bars against you, practice a few more times to reinforce the lesson.
Every loss is a lesson.
Stay disciplined, and you'll improve your market timing and decision-making with consistent practice!
#PriceAction #DayTrading #TradingDrills #unluckiesttrader #BigBars #ZenTimTrades #TradingPractice #zentechtrading #shorts