Update

I've been MIA for the past two months. Although I haven't made any posts, trading did not cease. However, the frequency of my entries has reduced over the past two months. Here's why.

Updates in no particular order:

• Volatility died down in the summer months. Specifically, I observed more erratic price action and fewer signals in June. As a result, my equity curve took a hit as the majority of my trades failed to play out to their full extent.
  
  
• As much as I want to go full time one day, trading is still something I'm doing on the side. It's going to be much harder to continue as I recently went through a (day) job change. This entails slightly longer hours, which limits my ability to stay updated with market events and price action.
  
  I don't believe it's impossible though. With shorter chart time, this simply means adapting my trading style accordingly. From the top of my head, this means:
  
  
• Focusing on the higher 4-hour and 1-day timeframes to look for structural moves where I can really capitalize on breakout trends and rejections.
  
  
• Take a set-and-forget approach by setting take profits. Because I'm not able to monitor trades live, using take profits ensure that winners don't turn into losers.
  
  
• Although volatility is slowly picking up, the number of signals I'm spotting is still minimal. Fundamentally speaking, recession fears, Ukraine-Russia & Taiwan-China tensions, and inflation containment have triggered undesired volatility. The noise certainly isn't helpful when trying to take directional moves. How do I deal with this?
  
  
• Focus on cleaner signals with larger payoffs. This means focusing on structural moves with minimal overlapping bars.
  
  
• Reduce position size and scale up as prices break out of key levels.