Well, at least, we have a market now defined by a few principles that can be integrated and keep a trader in the market all the time and on the correct side of the market.
Here are the principles:
10 cases of adjacent bars which afford a person a consistent measure of the first derivative of the two market variables P and V.
A single pattern (parallelogram) which covers the market at all times and is invariant.
An interlocking arrangement of the pattern so that the patterns are nested as fractals in a specific invariant ratio of events.
So many things can interfer with thee principles; usually a plethora of artificial aids overwhelm and bury the essential principles of trading.
The combination of principles into an integrated powerful system is done using a deductive reasoning approach that is most common in Science and comes as an application of the Scientific Method.
The market variables are integrated into a whole and measured according to the most rigorous standard.
The whole is called a Hypothesis Set (Paradigm) and the precision measures are called parametric measures.
Para, a prefix, is found throughout this foundation and the building blocks built upon the foundation.
Because of the human nature of making money by extraction, there has to be a way to touch base when anything can be amiss. The human notification is human negative emotions: anxiety, fear and anger. When things are right on the mark and proceeding logically, then the reinforcing emotions are support, comfort and confidence.
Maintaining a trading partnership with the markets comes from a loop of ingredients. The bottom line in making money is using the correct facts in the order of events of the market.
Market facts are normally known as 'tells'. They arrive in the space all the time. Clearing a path for information in trading is very difficult. It becomes less and less possible as time passes during the potential learning phases. The door gradually closes bad decision after bad decision.
As a potential trader begins to learn, he HAS to ACCEPT the 'tell's of the market. NOT accepting is not a possibility.
'tells' come from the market if a potential trader is watching the market. Most traders never get to see the market as we just found out.
'tells' begin the loop. opposite is ACCEPTANCE.
further along and going toward the next 'tell' is a small tiny beging thing called trust.
By going around the loop, trust becomes more noticable.
Ultimately, a person learns the market is always correct.
A myth of CW is that, if this ever happens, it takes about 10,000 hours.
The altrnative path is to get it straight on how the partnership works from the very beginning.
What dissappeard as this loop was traversed sufficiently to get things straight?
anxiety, fear, anger. What was discovered to NOT be in the space fairly soon? Probability was NOT there.
The principles and their integration brought about the mathematical basis of the system of the market and trader. Binary becomes very evident immedately. MORE than binary is the gerund nature of the parametric measures. Adjacent things are compared only.
As time slips out of the picture the order of events become the milestones in lieu of time intervals.
to the minimum in my opinion.