(2/7) To make sure we're talking about the same thing, I'll quickly define "Confirmation" for you: • Confirmation means waiting for X to happen before entering. • No Confirmation means entering early without all criteria met.

(3/7) So there are 2 options that a Trader has in their trades. Option 1: Taking a trade with no confirmation Option 2: Taking a trade with confirmation I'll get into them below ↓

(4/7) Option 1: Trading WITHOUT confirmation. • Lower win rate. • Lower confidence. • Higher potential upside. Option 2: Trading WITH confirmation. • Higher win rate. • Higher confidence. • Lower potential upside.

(5/7) So it pretty much becomes a "pick your poison" type of situation. But most of the time I would much rather be trading WITH confirmation rather than WITHOUT confirmation. This is because there's going to be a lot less ambiguity in the trade execution (which naturally

(6/7) The only time I will take a trade WITHOUT confirmation is only when the setup is absurdly good. If I have an overwhelming amount of confluence working in my favor then I can get away with an imperfect/early entry and still be rewarded with extra upside.

(7/7) In Summary: • Trading WITH confirmation is so much safer and more reliable • Trading WITHOUT confirmation is only for the rare times when the market spoon-feeds you an A+ setup. 🌶️

cheers Shifad!

's worth tracking missed trades somewhere in a journal. There's a couple of worthy questions to ask when reviewing your missed trades: 1. "Are there any repeating patterns happening in these missed trades which I can take advantage of, such that I can enter the trade earlier

Respect for reviewing your journal. So many people track their trades but are too lazy to actually go and review them lol.

it depends on what kind of strategy you are using. when I trade breakouts I am relying on 1 candle close through my level of interest. more info here: