"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 rebounds after falling toward 1.1700

EUR/USD rebounds after falling toward 1.1700

EUR/USD gains traction and trades above 1.1730 in the American session, looking to end the week virtually unchanged. The bullish opening in Wall Street makes it difficult for the US Dollar to preserve its recovery momentum and helps the pair rebound heading into the weekend.

 

GBP/USD steadies below 1.3400 as traders assess BoE policy outlook

GBP/USD steadies below 1.3400 as traders assess BoE policy outlook

Following Thursday's volatile session, GBP/USD moves sideways below 1.3400 on Friday. Investors reassess the Bank of England's policy oıtlook after the MPC decided to cut the interest rate by 25 bps by a slim margin. Meanwhile, the improving risk mood helps the pair hold its ground.

USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome

USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome

The USD/JPY is up 0.85% to near 156.90 during the European trading session. The pair surges as the Japanese Yen underperforms across the board, following the Bank of Japan monetary policy announcement. In the policy meeting, the BoJ raised interest rates by 25 bps to 0.75%, as expected, the highest level seen in three decades.


Editors’ Picks

EUR/USD rebounds after falling toward 1.1700

EUR/USD rebounds after falling toward 1.1700

EUR/USD gains traction and trades above 1.1730 in the American session, looking to end the week virtually unchanged. The bullish opening in Wall Street makes it difficult for the US Dollar to preserve its recovery momentum and helps the pair rebound heading into the weekend.

 

USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome

USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome

The USD/JPY is up 0.85% to near 156.90 during the European trading session. The pair surges as the Japanese Yen underperforms across the board, following the Bank of Japan monetary policy announcement. In the policy meeting, the BoJ raised interest rates by 25 bps to 0.75%, as expected, the highest level seen in three decades.

Gold stays below $4,350, looks to post small weekly gains

Gold stays below $4,350, looks to post small weekly gains

Gold struggles to gather recovery momentum and stays below $4,350 in the second half of the day on Friday, as the benchmark 10-year US Treasury bond yield edges higher. Nevertheless, the precious metal remains on track to end the week with modest gains as markets gear up for the holiday season.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

How much can one month of soft inflation change the Fed’s mind?

How much can one month of soft inflation change the Fed’s mind?

One month of softer inflation data is rarely enough to shift Federal Reserve policy on its own, but in a market highly sensitive to every data point, even a single reading can reshape expectations. November’s inflation report offered a welcome sign of cooling price pressures. 

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