Why Trading Support and Resistance is Like Holding Pocket AcesS&P 500SP:SPXTopChartPatternsWhy Trading Support and Resistance is Like Holding Pocket Aces In trading, like in life, the most powerful move you can make isn’t always action. Often, the most powerful move is patience. In trading, we often feel the pressure to be in the market constantly, FOMO hits hard and being in social networks seeing everyone winning in crypto, stocks, forex and so on does not help! But listen, focus on your trading system, and forget about others. When I started trading, I tried to catch every wave and every flicker of the candle. But the masters of this craft know a secret: You don’t play every hand. And what took me years to understand, could be just a 5 min read for you today. An absolute game changer. The Poker of the Markets Imagine you’re sitting at a high-stakes poker table. The amateur plays nearly every hand, fueled by the fear of missing out and a clear lack of strategy. He loses chips slowly, through a thousand small mistakes. And sometimes, a big mistake knocks him out completly. But professionals sit. They watch. They fold. And they fold again. They are waiting for those rare moments when the dealer slides them Pocket Aces. In the markets, those Aces are found at major Support and Resistance levels. Why This is Your Unfair Advantage When we trade near a significant support or resistance zone, we aren’t just guessing. We are operating at a point where the “story” of the market reaches a climax. Here is why this strategy gives you a massive advantage: Skewed Risk/Reward: This is the magic of the setup. Because we are so close to a structural floor or ceiling, our Stop Loss can be incredibly tight. We risk a little to potentially capture a lot. Probability is Your Friend: These levels represent areas where big institutions and historical memory collide. It’s a high-probability bounce zone. Psychological Clarity: You know exactly where you are wrong. If the level breaks, the story has changed, and you exit without ego. You are not here to prove your predictive skills, you are here to make money and the first rule for that is SURVIVE. When the Stars Align: High-Efficiency Examples Let’s look at what happens when we have the discipline to wait for these key levels. When price touches a Great Support Zone, much like we saw in our recent analysis of BABA, the reaction is often swift and powerful. The Dollar Tree (DLTR) Example DLTR was hitting the same level for the 4th time and with massive volumes, which is always a way to see if there is interest for institutional players to buy at the current level. Note how I used a tight stop loss, only 5% but in the post I explain multiple ideas, one of them was to hit a first TP for 50% of the position at just 5%, so the other 50% of the position was absolutely risk free. The price hit the highest TP, at 40% but It continues to rally even today! Anyway, a 40% return in just few weeks is what I look for! I don’t care if after that the market keeps rising or not, the job is done, money is in my account and I can move to the next opportunity. Now I attach the image of what happened after posting my idea on Tradingview, so you can see the rally after the bounce in the support zone. You can also check other examples for: Unilever TTD LiteCoin The Discipline of the “Fold”: When the Level Fails Now, let’s be honest. Not every Pocket Ace wins the hand. Sometimes, the support breaks. Sometimes, the resistance is shattered. This is where the amateur becomes a victim and the professional becomes a survivor. As an amateur, I analyzed everything and tried to avoid the “mistake” the next time, but it’s not a mistake, it’s just part of the game, every system has loser trades! And your ego needs to understand this. As an example, I share you my idea in PG: The support was quite good, a simple buy in the support was great but the bounce was lower than expected and the price quickly broke the support. This is not a mistake. This is not something to worry about. It’s just part of the strategy, I’ve tested tons of supports and the success rates for this set up is near 60%. So, I will fail in the other 40%. But note that I did a 40% return in DLTR while I did a tight Stop Loss in PG. So I not only have the chances in my favour, but the potential return of the winner trades is much bigger than the losers. Your Next Step Trading is not about being right 100% of the time. It’s about maximizing the wins when you are right and minimizing the losses when you are wrong. By focusing only on major Support and Resistance, you are choosing to only play the good cards in a simple way. It requires the patience of a monk and the precision of a sniper, but the reward is a trading career built on longevity and consistency. 👇 WANT MORE? 🚀 Hit the rocket, read my description and follow to see me again :)