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YTC Price Action Trader (

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Elite Member
Trading Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6E
Zwaen's Avatar
Posts: 247 since Dec 2010
Thanks: 762 given, 224 received

However though the trapped traders concept feels intuitive when reading about it, I find it really hard to learn and practice. I guess it's the paradigm shift I'm having trouble with: too frequently I end up looking at the setups in a purely technical way (candle patterns, trend strength etc) and I forget to analyse whether there might be trapped traders in there or not.

What I found helpful: when I was trading in sim, I also took a lot of setups which did not end a succesfull trade ( offcourse now also a lot ;-)). Then when I was in, price halted and would take my stop out. I think it can help when you see a particular setup, which you think will fail, and imagine a past experience where you thought " %$#& this ain't gonna work, got to get out ". And then you can take the other side.

An example attached in the chart. This morning I saw 6E made a pullback, but some voice in my head said : " this is not a trending morning, so it will probably fail". ( Offcourse we always have doubt, but just for purpose of showing to you ). See the chart for what I used to think when I was in such a situation before, bar for bar. The red numbers in leftcorners shows what happened bar for bar

But I must say, I didnt take that opposite trade although I expected the pullback to fail, haven't investigated it enough to trade it with confidence.

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