Honestly, as far as trading is concerned, the market has been terrible over the last few months: messy price action, low liquidity, constant false moves and very few genuinely clear-cut opportunities. But after years of experience, you learn that you don’t always have to be aggressive. It’s not those who open the most trades who make the real difference… it’s those who understand when the market is giving you a real edge and when it’s just burning through capital and energy. That’s why I don’t mind the boring phases: you reduce your exposure, protect your capital and wait for better conditions. The problem is that those without experience often do the opposite: they increase position size, force trades and constantly search for ‘the game-changing trade’ in a market that is offering almost nothing. And that is precisely where many have really got hurt over the past year. Because in difficult markets, it is not those who make the most money who survive… but those who manage to lose the least and stay clear-headed long enough to capitalise on the next real trend.