A trade is NOT over until the whole idea behind the trade is no longer valid.
If you’re stopped out, or if you scratch the trade, the trade is NOT over.
Remain focused!
Watch for an opportunity to re-enter.



Lance Beggs
A trade is NOT over until the whole idea behind the trade is no longer valid.
If you’re stopped out, or if you scratch the trade, the trade is NOT over.
Remain focused!
Watch for an opportunity to re-enter.



Lance Beggs
Monday… let’s start with some higher timeframe action… Error 1: I was blinded by one of my favourite pre-session signals; a trap right before the open. And an expectation that this trap would spring completely and help to drive price higher. Error 2: I failed to consider the alternative – “What if I’m wrong? What…
Let’s start with an excerpt from a comment on last week’s article “Trading after Structure has Formed – 3“. “In the winning trade from yesterday’s post I’m wondering why you take partial profits so early. Your eventual exit is maybe five times further. This is not the first time I’ve noticed this in your trades….
The best entries lean against some recent structure which limits movement against the position and provides a logical place for the stop. Unfortunately though, the market cares little for what we want to see in an entry. So how do we get in when there is no recent structure and we’re trying to time…
Sideways trend structure is more common than many new traders imagine. So it’s important to learn how to recognise a sideways market. (For my Sideways Trend Definition, see Page 101 (and Fig 3.44) of Chapter 3 of the YTC Price Action Trader.) And it’s important to find the way that YOU best trade this market. Some…
The following image was a part of last week’s newsletter article, “Real Opportunity is Found at the Edges of Market Structure“. Following the publishing of that article, I received a great question via email… Question: “Isn’t buying at the lower low (D) just trying to catch a falling knife? If a downtrend consists of LL’s…
For Setup Definitions and discussion – see Vol 3, Ch 4, Pages 25-41 For those with the YTC Price Action Trader, you’ll note that the entry is exactly at the point I define as the LWP. Refer to Volume 3, Chapter 4, Pages 72-77 for discussion on the LWP concept. Happy trading, Lance Beggs