The trade you didn't take is often the better trade
Nobody talks about this enough. Most traders judge themselves entirely on the trades they took. But the skill that actually separates consistent traders from everyone else is what they didn't take — the setup that almost looked right but was missing one piece.
Chasing a move after it's already extended because you don't want to "miss it"
Taking a trade because you're bored, not because the setup is there
Forcing size into a low-conviction idea just to feel like you're doing something
The best trade of the week is sometimes the one you passed on. That's not a skill most people practice on purpose.
Curious — has sitting on your hands ever saved you more than a great entry did?
