"Hey, hold your winners".

Except at first, that's terrible advice.

You're at your best in the earliest stages of the trade.
You'll be a lesser trader later on.

So as an intraday trader, you take the bulk of the money at the earliest, easiest, highest-odds price.

The longer a trade runs, the more decisions you must make—but you're fighting focus and decision-making fading.

Taking the bulk of profit quickly, you have the highest odds of succeeding before running out of mental RAM.

Right now, you're still building screen fitness. But as your screen fitness and ability to remain highly focused extend, so can your trade duration.

Short-term execution doesn't mean small-picture thinking

Take the first trade shown below:

Chart

It's a specific trade defined by a unique combination of characteristics you know by heart—not just from the execution chart—but from several market data sources.

You're not taking this trade in a vacuum, and you're not waiting for a 'pattern' to emerge.

Relying on 'patterns' is elementary. AI has been doing it for years, and still—no one can make consistent profits doing it. Instead, trading requires you to understand the underlying narrative.

Imagine sitting around the dinner table with esteemed traders like Stanley Druckenmiller or Paul Tudor Jones, listening to them compare trades.

Is each trade merely an isolated event, or do they see how every trade aligns with the grand picture of the investment landscape?

But because you never know how far the market will eventually go when you enter a trade, knowing a playbook of signature trades by heart is crucial.

Signature trades guide you through the different machinations of a market's move and align with a broader narrative.

However, decoding the narrative and executing playbook trades takes skill—but that doesn't mean you can't profit along the way.

Early on, getting that first signature trade right and decoding the initial chapter of the market's narrative is already a significant achievement.
How do I know? Are you doing it now?

It's an accomplishment because repeating them is how you transform your trading to regularly taking money out of the market.

But you can build on those steps.
Adding more signature trades and decoding more of the market's narrative is how you take even more from the market.

In the chart below, you see three distinct signature trades—each aligned with the market’s machinations and the unfolding narrative.

Chart

It's true: how much you take from the market isn't linear. How much you take out of the market increases at an exponential rate.

First: reach consistency taking profits at the earliest, easiest, highest-odds price.

Second: Keep going to:

  1. Expand your playbook.
  2. Decode the market at a deeper level.
  3. Increase screen fitness and how long you can focus.

Do everything trading-related with intention, and you'll see your progress and what you take out of the market grow exponentially.

It's not about catching every move—it's about consistently getting paid for the ones you understand deeply.


Forex and derivatives trading is a highly competitive and often extremely fast-paced environment. It only rewards individuals who attain the required level of skill and expertise to compete. Past performance is not indicative of future results. There is a substantial risk of loss to unskilled and inexperienced players. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent

Editors’ Picks

EUR/USD tests nine-day EMA barrier near 1.1650

EUR/USD tests nine-day EMA barrier near 1.1650

EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum.

GBP/USD meets some resistance near 1.3440

GBP/USD meets some resistance near 1.3440

GBP/USD reverses the earlier pullback and manages to pick up strong upside traction on Monday, climbing to as high as the 1.3440 zone. Cable’s sharp bounce comes in response to the fresh selling interest hurting the Greenback amid the resumption of tariff jitters.

USD/JPY trades flat above 158.00 amid trade war fears

USD/JPY trades flat above 158.00 amid trade war fears

The USD/JPY pair holds steady near 158.15 during the early Asian session on Tuesday. The pair steadies as safe-haven flows offset speculations that Prime Minister Sanae Takaichi may soon call a snap election. Traders await the ADP weekly report later on Tuesday for fresh impetus. 


Editors’ Picks

AUD/USD trades with negative bias above 0.6700 ahead of PBOC rate decision

AUD/USD trades with negative bias above 0.6700 ahead of PBOC rate decision

AUD/USD edges lower during the Asian session on Tuesday, reversing a part of the previous day's goodish move up ahead of the PBOC rate decision. In the meantime, Trump’s tariff threats continue to weigh on investors' sentiment, driving some safe-haven flows to the US Dollar and acting as a headwind for the risk-sensitive Aussie. However, the RBA's hawkish stance should limit the downside for the Australian Dollar.

USD/JPY trades flat above 158.00 amid trade war fears

USD/JPY trades flat above 158.00 amid trade war fears

The USD/JPY pair holds steady near 158.15 during the early Asian session on Tuesday. The pair steadies as safe-haven flows offset speculations that Prime Minister Sanae Takaichi may soon call a snap election. Traders await the ADP weekly report later on Tuesday for fresh impetus. 

Gold edges higher above $4,650 as Trump tariffs spark safe-haven demand

Gold edges higher above $4,650 as Trump tariffs spark safe-haven demand

Gold price edges higher to near $4,670 during the early Asian session on Tuesday. The precious metal is set to hit a fresh record high as traders flock to safe-haven assets amid a persistent geopolitical and economic outlook.

Ethereum bounces off key trendline as retailers distribute, network activity booms

Ethereum bounces off key trendline as retailers distribute, network activity booms

Ethereum saw mixed sentiments in its on-chain activity over the past week. While whales accumulated amid a surge in network activity, retailers distributed as escalating geopolitical tensions over Greenland eventually pulled down prices.

When tariffs become ammunition and capital becomes the battlefield

When tariffs become ammunition and capital becomes the battlefield

Markets opened the week like a risk engine hitting a pothole at speed. Equities stepped back, gold vaulted to fresh highs, Treasuries caught a bid, and the dollar, outside of havens, took on a soft bid. This was not a data-driven wobble or a valuation purge.

RECOMMENDED LESSONS

5 Forex News Events You Need To Know

In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.

Top 10 Chart Patterns Every Trader Should Know

Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology

Best Brokers of 2025