Have you ever had a day or week where you just feel like everything you do in the markets is wrong? No matter how strong of a level you find, no matter how picture perfect a trade looks, you get into the position and it just goes against you for seemingly no reason at all?
Well, it happens to just about all of us at least a few times--and the longer you have been trading the more times you have likely experienced this. Something we talk about in the Price Action Trading Course is that markets go through cycles and phases. What works extremely well today might not work so well tomorrow. But not to worry--these cycles repeat themselves over and over and over again. So just because something isn't working today doesn't mean it won't work again tomorrow.
That is not to say that you can just trust any trading method to guide you through the markets. You need time tested strategies that have shown they will work in the vast majority of market conditions, such as the ten strategies outlined in the price action trading course. Not each and every one of these strategies will show up everyday, however I can say that the vast majority of the time these strategies not only show up all over the market, but more importantly they work.
Now this also means that if you have a trading method other than ours that has been working for years and all of a sudden stopped working for a few days you don't need to panic--chances are the market is just going through a new cycle or phase and will get back to normal soon. The best thing to do during this time is use the sitting on your hands method of trading--that is not to place any trades at all.
So remember, when you sense a change in the market and things just don't feel right, go with your gut and sit on the sidelines for a bit until you see something develop within your methodology.
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