Today was a good reminder that trading is more about discipline than finding endless setups. I took only two trades today, and both played out exactly according to plan. Trade #1: NIFTY 20450 PE β’ Entry from a key support/demand area β’ Risk was clearly defined before entering β’ Price reacted as expected and reached my target β
TP Hit Trade #2: Gold (XAUUSD) β’ Waited for confirmation before entering β’ Clean risk-to-reward setup β’ Momentum picked up and price moved straight into my target β
TP Hit End Result β
2 Trades β
2 TP Hits β
No revenge trading β
No overtrading β
Finished green and stopped for the day One lesson that took me a long time to learn: You donβt need to trade all day to have a profitable day. Many traders make money on their first trade and then give it back trying to catch more moves. Iβve done that plenty of times myself. Now, once I hit my daily goal and the market has paid me, I focus on protecting those profits instead of looking for another trade. The market will be here tomorrow.β¦