Skip to content
  • Categories
  • 0 Unread 0
  • Recent
  • Tags
  • Popular
Collapse
Forum ForexRoasted Logo

Forum Forexroasted

  1. ForexRoasted Community
  2. Categories
  3. Trading Discussion
  4. Interactive Trading
  5. how do you decide what to trade when nothing has a clear setup

how do you decide what to trade when nothing has a clear setup

Scheduled Pinned Locked Moved Interactive Trading
7 Posts 7 Posters 14 Views 7 Watching
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • J Offline
    J Offline
    jack_online
    wrote on last edited by
    #1

    some days i sit down, go through my whole watchlist, and genuinely nothing meets my criteria. the hard part isnt analysis, its the restlessness, the feeling that i should be doing something. how do experienced traders handle the no-clear-setup days without forcing a trade just to feel productive?

    1 Reply Last reply
    0
    • R Offline
      R Offline
      Ryan
      wrote on last edited by
      #2

      i reframed no-setup days as a correct decision rather than a wasted one. on a day with no setup, not trading IS the trade, and its a winning one because it avoided the forced loss. the restlessness is the enemy, not the lack of opportunity. i literally log no-trade days as successful executions of my plan, which rewires the feeling that doing nothing is failure. patience is an active skill you can score yourself on.

      1 Reply Last reply
      0
      • J Offline
        J Offline
        Justin
        wrote on last edited by
        #3

        logging the no-trade day as a win is a great trick. the urge to do something is what turns a neutral day into a losing one. if your criteria arent met, the market is simply not offering your edge today, and forcing a trade is paying to manufacture an opportunity that isnt there. the best traders i know are comfortable being bored. boredom tolerance is an edge.

        1 Reply Last reply
        0
        • N Offline
          N Offline
          Nathaniel
          wrote on last edited by
          #4

          the real reason people force trades on dead days isnt restlessness, its that trading is the only part they enjoy and the waiting feels like the job they didnt sign up for. they want action, not returns, and the no-setup day exposes it.

          1 Reply Last reply
          0
          • C Offline
            C Offline
            Chris
            wrote on last edited by
            #5

            the troll is uncomfortably right for a lot of people, the action is the draw and the patience is the actual job they avoid. the fix that helped me was filling the restlessness productively: on no-setup days i review past trades, refine my journal, or study, so the urge to do something gets channelled into work that helps rather than a forced trade that hurts. give the restlessness a healthy outlet instead of letting it reach for the buy button.

            1 Reply Last reply
            0
            • N Offline
              N Offline
              noahsmith
              wrote on last edited by
              #6

              channelling the restlessness is the practical key. have a default no-setup-day activity ready, journal review, backtesting, or simply closing the platform and walking away. the danger window is staring at a chart with nothing to do, because eventually your brain invents a setup that isnt there. decide in advance what you do on dead days so the decision isnt made by boredom in the moment.

              1 Reply Last reply
              0
              • C Offline
                C Offline
                Cody
                wrote on last edited by
                #7

                no setup means not trading is the trade. log it as a win, channel the restlessness.

                1 Reply Last reply
                0

                Hello! It looks like you're interested in this conversation, but you don't have an account yet.

                Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.

                With your input, this post could be even better 💗

                Register Login
                Reply
                • Reply as topic
                Log in to reply
                • Oldest to Newest
                • Newest to Oldest
                • Most Votes


                • Login

                • Don't have an account? Register

                • Login or register to search.
                Powered by NodeBB Contributors
                • First post
                  Last post
                0
                • Categories
                • Unread 0
                • Recent
                • Tags
                • Popular