Think and process the market like an artist and painting -- not a dealer, broker, or buyer who makes a quick snap, impatient, judgement.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Think and process the market like an artist and painting -- not a dealer, broker, or buyer who makes a quick snap, impatient, judgement.
The market continues to favor the old way of creating better r:r when buying low as close as possible to support and the opposite when selling. It can be rather mechanical.
Bouncing off of Support/Resistance levels, past ranges, to trade....like a roller coaster or playground ball....if trading were that easy and simplistic...there would be millionaires all over the place, glowing and dancing and living lavishly. Instead you see these zombies and cattle who look depressed and angry and moody.
The process is slightly more complicated than that, but not necessarily hard or impossible -- it just needs to be grasped, understood, digested and viewed from the right angle, vantage point. Develop a reasonable Hypothesis ---> wait for tells, and signs ---> strike to place the trade. And be patient for it to play out and reveal itself to you, and/or cut losses in the event you're wrong.
If you captured today's morning dip fully, you'd be happy. I was expecting a Down/flat day...and there was the tell,
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Simple but not easy. Just like pleasing a superior other, seems simple but as most know it is no easy matter
Wicked moves.
I think given how many people liked your post, its safe to say we like the stats!
Its also so prudent to continue to force traders into thinking about all of this statistically.
