Lesson Learned: Not respecting the daily close

It took me a while, and a few blown accounts early on, to genuinely appreciate the significance of the daily close, especially in forex. I used to be heavily focused on intraday charts, constantly looking for entries and exits, and would often hold positions through the close if they were even slightly profitable or just at breakeven. The problem? Gaps. And not just weekend gaps, but the seemingly arbitrary Monday open or just an overnight news event that would blow past my stop if I wasn't watching the wires. I realized that a fresh daily candle often resets the board, offering a clearer picture for the next 24 hours. Now, I'm almost always flat by the end of the US session, unless I'm explicitly holding a swing with a wider thesis and a corresponding stop to match. It's a simple adjustment, but it drastically reduced the number of unexpected losses and allowed me to sleep a lot better. The market will always be there tomorrow.