As a trader, you lacked information on How prices are behaving at various levels, and there is a always a sense of uncertainty on the price movements. The same strategy may not work across all Market conditions. You need to start with the Market phase first and have a strategy for each condition of the market. Only then you could develop a winning Edge.

If you had the right information on how prices move you would not have exited too early on a wining trade nor Hesitated to enter in a trending market thinking its overbought or over sold

Now let’s say you are long and if you know the information that market would go up further or bears wont short right now, why would you sell your positions for a small profit. You would hold until big bulls book profits, isn’t

Why would you hesitate to enter the trade after market has gone higher , You would feel that the stop loss is far away and all excuses. Infact if you see strength we should be buyers at any cost, as a strength in the market wont be countered without a reversal price action.

Price Action is all about understanding what the market is doing, in other words it’s in understanding who is in control , The Bulls or the Bears.

By price action we are not talking about patterns like head and shoulder or individual candle stick pattern like Bullish Engulfing, Bearish Engulfing, Hammer etc;

Be a Day trader , swing trader or a positional trader, one thing is true, you cant predict what the market is going to do next , As a retail trader What we can do is to follow what the institutions are doing. And when they make the moves a Price action trader knows what to do.