No volatility in the Forex market, difficult to make money

No volatility Forex market

The volatility in the market seems non-existence at the moment July-2019. There is absolutely no volume to drive the charts. No chart movements, no money.

This is my 3rd year of active trading but i have never seen such slow market day to day basis . I don’t know the fundamental behind it, don’t want to know as well. There are no follow through to make pips.

No volatility in the Forex market, difficult to make money
Forex Market now really compressed

so i think patience is the key now. Many traders may not trade during this summer time. But as a day-trader, my approach is different than regular swing traders. I like to follow my daily process and work my way. I don’t want to speculate but to trade what i see at that very moment. I show up at my trading desk exactly the same time everyday and ready to trade.
I trade what i see, not what i think. I’ll take what market offers me.

I will never complain the market. It is what it is. Remember not losing is WIN.

To tackle the slow market, now i have added meditation to my arsenal. I would meditate about 5 minutes before i start my planning session. I guess this helped me a lot to calm-down. There is a great app name Headspace to help for meditation.

I should not have a fix-mind rather i should have a growth-mind. I need to grow along with the market change.

Since i didn’t have any experience how to work during this slow market, i took 100 pips loss in JUNE. Even percentage wise it was pretty big loss. I should have made my position size smaller but lack of experience forced me to trade as before. Had i made my position size smaller, i could have had smaller loss (percentage wise). So even though it was a loss in the painfully slow market, i still learned something.

This week (July 22th-25th) i made just +37 pips which is of-course better than a loss. I’m getting really good controlling my loss.

I believe that if i can survive this market, i would be able to tackle any market in the future.

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