"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 flirts with daily highs, retargets 1.1900

EUR/USD flirts with daily highs, retargets 1.1900

EUR/USD regains upside traction, returning to the 1.1880 zone and refocusing its attention to the key 1.1900 barrier. The pair’s slight gains comes against the backdrop of a humble decline in the US Dollar as investors continue to assess the latest US CPI readings and the potential Fed’s rate path.

GBP/USD remains well bid around 1.3650

GBP/USD remains well bid around 1.3650

GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s  irresolute price action, while recent hawkish comments from the BoE’s Pill also collaborate with the uptick.

USD/JPY edges up above 153.50 with all eyes on US CPI figures

USD/JPY edges up above 153.50 with all eyes on US CPI figures

USD/JPY appreciates above 153.00 but remains on track for a 2.4% weekly loss. Trading volumes remain subdued on Friday, ahead of the IS CPI release. The Yen remains supported by hopes of a stable government and calls for further BoJ tightening.


Editors’ Picks

EUR/USD: Yes, the US economy is resilient – No, that won’t save the US Dollar

EUR/USD: Yes, the US economy is resilient – No, that won’t save the US Dollar Premium

Some impressive US data should have resulted in a much stronger USD. Well, it didn’t happen. The EUR/USD pair closed a third consecutive week little changed, a handful of pips above the 1.1800 mark. 

Gold: Metals remain vulnerable to broad market mood

Gold: Metals remain vulnerable to broad market mood Premium

Gold (XAU/USD) started the week on a bullish note and climbed above $5,000 before declining sharply and erasing its weekly gains on Thursday, only to recover heading into the weekend. 

GBP/USD: Pound Sterling remains below 1.3700 ahead of UK inflation test

GBP/USD: Pound Sterling remains below 1.3700 ahead of UK inflation test Premium

The Pound Sterling (GBP) failed to resist at higher levels against the US Dollar (USD), but buyers held their ground amid a US data-busy blockbuster week.

Bitcoin: BTC bears aren’t done yet

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.

US Dollar: Big in Japan

US Dollar: Big in Japan Premium

The US Dollar (USD) resumed its yearly downtrend this week, slipping back to two-week troughs just to bounce back a tad in the second half of the week.

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