Do you feel your results can’t get past a certain resistance level?
Every time you get close to it, your profits slip back down.
You've reached a Trading Plateau.
Here are 7 key methods to breaking through it:
Every time you get close to it, your profits slip back down.
You've reached a Trading Plateau.
Here are 7 key methods to breaking through it:
The first thing traders do when they plateau is:
- Increase targets
- Take more trades
- Change stuff about their strategies
None of these work.
Here's what you should do instead:
- Increase targets
- Take more trades
- Change stuff about their strategies
None of these work.
Here's what you should do instead:
1. Focus On What's Working
The first approach I take with my clients that reached a plateau is understanding what they’re doing well that can be reinforced.
You don’t wanna take more trades, but take the quality trades and make more money on those.
The first approach I take with my clients that reached a plateau is understanding what they’re doing well that can be reinforced.
You don’t wanna take more trades, but take the quality trades and make more money on those.
2. Increase Risk On High-Quality Setups
If you want different results, you gotta push yourself out of your comfort zone.
The best environment to do so is in the A-setups
Increase your risk by 1%. If you can maintain composure and good execution, upgrade to that amount of risk.
If you want different results, you gotta push yourself out of your comfort zone.
The best environment to do so is in the A-setups
Increase your risk by 1%. If you can maintain composure and good execution, upgrade to that amount of risk.
3. Tighten Your Stop-Loss
The question isn't “How can I make more money?” but “How can I keep more of what I’m already making?”
Before looking to the upside: increasing targets, look to the downside: reducing risk.
Key question: How much % of your SL are your winners using?
The question isn't “How can I make more money?” but “How can I keep more of what I’m already making?”
Before looking to the upside: increasing targets, look to the downside: reducing risk.
Key question: How much % of your SL are your winners using?
4. Accurize Your Entries
Is there a way you can get better entries?
If so, it becomes way easier to tighten your stop loss and increase risk to reward.
If there's something you wanna save in your journal is screenshots of your trades precisely to study these types of things.
Is there a way you can get better entries?
If so, it becomes way easier to tighten your stop loss and increase risk to reward.
If there's something you wanna save in your journal is screenshots of your trades precisely to study these types of things.
5. Leave A Runner
After you've worked on the risk, now you can look at your targets.
The best advice I give on this: Always leave a runner.
The idea is to be risk-free after you’ve taken the biggest part of the position out and then, ride your winners easily for a longer time.
After you've worked on the risk, now you can look at your targets.
The best advice I give on this: Always leave a runner.
The idea is to be risk-free after you’ve taken the biggest part of the position out and then, ride your winners easily for a longer time.
6. Get An Outside Perspective
Having a 1:1 talk with someone who has been in your position gives you insights you've never considered before.
A good mentor isn't the one who gives you all the answers but gives you the tools for such and helps you connect the dots.
Having a 1:1 talk with someone who has been in your position gives you insights you've never considered before.
A good mentor isn't the one who gives you all the answers but gives you the tools for such and helps you connect the dots.
7. Take Some Time Off
The writer who sits in front of his screen all day long isn't doing anything productive.
Same in trading.
Step away from the charts for some days so you can come back with renewed mental energy and see things from different perspectives.
The writer who sits in front of his screen all day long isn't doing anything productive.
Same in trading.
Step away from the charts for some days so you can come back with renewed mental energy and see things from different perspectives.
Summary:
7 Methods to break through a trading plateau:
1. Focus On What's Working
2. Increase Risk On High-Quality Setups
3. Tighten Your Stop-Loss
4. Accurize Your Entries
5. Leave A Runner
6. Get An Outside Perspective
7. Take Some Time Off
7 Methods to break through a trading plateau:
1. Focus On What's Working
2. Increase Risk On High-Quality Setups
3. Tighten Your Stop-Loss
4. Accurize Your Entries
5. Leave A Runner
6. Get An Outside Perspective
7. Take Some Time Off
I'll give a live class on How To Break Through a Trading Plateau whether you're stuck at breakeven or in a certain profit range.
I'll dive much deeper into the causes and solutions.
Get an invitation for the private class here:
payhip.com
I'll dive much deeper into the causes and solutions.
Get an invitation for the private class here:
payhip.com
If you're looking for a one-on-one approach to get you through your trading plateau, send me a DM with the word "help".
If this thread was helpful for you:
1. Follow me (@PerceptivTrader) for weekly threads
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Thank you for reading!
1. Follow me (@PerceptivTrader) for weekly threads
2. RT the tweet below to share this thread with your audience and support my work
Thank you for reading!
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