Best technical indicator EVER!... You.

This statement is somewhat true, because indeed it's the experience and deliberate practice what makes the trader, not the tool used.

Many traders succeed with any set of tools from pure price action chart to sheet of bond yields without any charts at all... and even more fail, because they always look for some magic tool, think that's what makes a difference... wrong, it's how you practice the craft does.
 
Quote from J.Joseph:

They say not to cast your pearls before swine, but in this case I'm curious to see if this will be ripped to shreds or if it will be accepted as profound. So go ahead, give it a read and post some comments.

Actually, its a good document that you prepared. Its very true. I found very similar behavior while trading ES. Thanks for posting.

Having said that, I am not sure how many traders will actually start modifying their behavior based on this document. Because, going counter to your instincts is a very hard thing to do.
 
Quote from J.Joseph:

They say not to cast your pearls before swine, but in this case I'm curious to see if this will be ripped to shreds or if it will be accepted as profound. So go ahead, give it a read and post some comments.

Thank you, nice text.

Unfortunately it doesnt work for me.

My comlexe situation:
Question 1 = always Greed
Question 2 = Fear of Loss
Question 3 = Fear of greater Loss
:mad: :mad: :mad:
 
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