In order to be a disciplined trader, you only trade price actions and patterns that fit our strategies and rules. Not all price actions are tradable.
As we all know that trading is a game where the trader sets the rules instead of the house. As a trader, you need a business plan with trading strategies that can be implemented using specific rules. Since the market price patterns are unlimited, it is impossible to come up with strategies and rules to fit the unlimited market price actions. If you are constantly trying to adjust your strategies and rules for a new price pattern, you eventually become a rule-less trader without any discipline. That is why you can only use certain trading strategies and rules that only fit certain market price actions. If market price actions do not fit your trading strategies and rules, do not trade.
