1,088 of our setups expired. Here is why that is not a bug
More Nexus setups expire than close. Between May and October, 1,088 setups expired, against 761 that finished at a target or a stop. That surprises people, so here is what an expired setup is and why it is the system working as designed.
What an expired setup is
A setup gives you an entry price, a stop and a target. If price never reaches the entry before the setup's time window ends, it expires. No trade was taken, so there is no win and no loss.
Why waiting for the entry matters
Entering at the current price because you are afraid of missing out changes the trade. Your stop is now a different distance away and your risk-reward ratio is worse. Waiting for the planned entry keeps the maths you based the trade on.
What expiry says about the market
- Price moved away without pulling back to the entry. Chasing it would have meant a worse entry.
- The idea became stale. A setup that has not triggered after its window is no longer the same setup.
- Missing a trade costs you nothing. A bad entry can cost a lot.
A note on accuracy
Of the expired setups, 71 did reach their entry, but our tracker did not record how they finished. We exclude them from our win rate and we tell you so, rather than quietly counting them.
How to use this yourself
- Set an alert at your entry instead of watching the chart.
- If the setup expires, let it go. Do not enter late at a worse price.
- Count the trades you did not take. They are part of your discipline, not lost profit.
Trading carries a high risk of loss. This article is for education only and is not financial advice. Results shown are from setups tracked in our own journal, they are not audited, and past results do not guarantee future results.