As I sat down at my trading desk on January 2nd, 2026, the first trading day of the new year, I felt a familiar sense of anticipation. The market was about to open, and I was ready to execute my strategy, one that has served me well for over a decade. My approach is straightforward: long into support and short into resistance. This simple yet effective strategy has been my guiding principle, and today was no different.
Before the market opened, I had already placed my levels on the charts. These levels, set at least 30 minutes before the opening bell, are not arbitrary. They are carefully chosen based on technical analysis, and they form the backbone of my trade plans. As the market opened, I watched as the price moved towards my predetermined levels. It was a textbook execution, going long into the 20 SMA and shorting into resistance. The simplicity of this approach is its strength. It’s not about using a myriad of indicators or complex systems; it’s about understanding the basics and executing them flawlessly.
The main lesson from today’s trading is the power of simplicity. Over the years, I’ve seen many traders get lost in the complexity of trading, using countless indicators and systems. But the truth is, if you can’t explain your strategy in a sentence or two, it’s probably too complicated. My strategy is simple: long support, short resistance. It’s a principle that has stood the test of time, and it’s one that I believe will continue to be effective in 2026.
As the day came to a close, I reflected on the trades I had made. The market had moved as expected, and my strategy had once again proven its worth. For those looking to succeed in trading, my advice is to keep it simple. Focus on the basics, understand the market, and execute your plan with discipline. That’s the key to success in trading, and it’s a lesson I’m reminded of every time I sit down at my desk.