#MyStrategyEvolution

Don't count your eggs before they hatch—A hard lesson for traders

I'm going to be honest with you—at the beginning of my trading journey, I made a classic mistake. I would open a position, see it slightly going my way, and before the trade had even fully played out, I was already calculating how much profit I would make. My confidence soared, and I began planning my next move as if the money was already in my pocket. Then… boom. The market turned, and all that excitement turned into regret.

Does this sound familiar?

This is what happens when we count our eggs before they hatch. In trading, nothing is guaranteed—a good setup doesn't always mean a winning trade. The market doesn't care about our expectations; it does what it wants. That's why discipline and patience matter more than wishful thinking.

A lesson from candlesticks: The hammer

Let's take the hammer candlestick, for example. It's a powerful signal that often shows buyers stepping in after a downtrend. You see one forming and think: “This is it! The reversal is happening! It's time to go all in.” But here's the problem: a hammer alone is not enough.

Wait for confirmation: The market needs to prove its worth. A bullish follow-up candle after the hammer is what gives it weight. Jumping in too early is like assuming an egg will hatch just because it looks good on the outside.

Manage risk: Even if the setup looks perfect, always use a stop-loss. I've seen big hammers fail and trap traders who were too confident.

Reality check

Every trade is just a probability, not a promise. Instead of fantasizing about potential profits, focus on executing your strategy with discipline. Let the trade develop, confirm your setup, and protect your capital.