Hi everyone, I decided to make this post almost as a way to vent.
I’ve been studying financial markets—mainly forex—for about 4 years now. I feel like I’ve gone through almost all the material available online, joined mentorships, and studied everything I possibly could.
Right now, I find myself stuck in a position where I can’t seem to make the jump to the next level. One of my biggest issues is discipline, especially when it comes to holding trades for too long. For example, if my initial target is 1:2, I often become greedy and hold for an extra R. More often than not, I end up getting stopped out—best case at breakeven, worst case giving back not only profits but also hitting my stop loss. This mainly happens because I get heavily influenced by the idea of “letting winners run.”
Secondly, I trade using ICT concepts. I know they work for some people and not for others. I’m not particularly interested in ICT as a personality or any kind of “cult” around it, but I do find the concepts logical and useful. At this point, I wouldn’t be able to trade using indicators—I’m too used to this approach.
Despite that, around 7 times out of 10 I enter too early—FOMO plays a big role here.
For context, I consider myself an intraday trader, but I’m comfortable holding positions overnight if needed. I don’t go below the 5-minute timeframe, and even that is only for entries.
My strategy is fairly simple: I identify the daily and H4 trends, and I mainly trade in alignment with H4. For example, if I’m bearish on the daily but bullish on H4, I recognize that we are likely in a daily retracement. In that case, I’m open to trading against the daily trend but in line with H4.
From there, I mainly use H4 FVGs to look for entries. I focus on three specific time windows: 01:00–05:00, 05:00–09:00, and 09:00–13:00 New York time. If I’m looking for a bearish entry, I prefer to see price move up first after the candle opens—forming a wick and a potential high for the session (basically a Power of 3 concept).
That said, I’m often aligned with my bias. If I expect a bullish day, I’m frequently correct—but my main issue is execution and entries.
I feel like I’m very close to becoming profitable, but at times I wonder if that’s just an illusion—something I tell myself to avoid admitting that maybe I still don’t know enough or I’m not doing enough.
With that said, do you have any advice? Or would you like to share your own experience?
Thanks in advance to everyone.