Quote from KDASFTG:
Greetings
I know you have read the words of 1a2b3cpppâs repost, but I donât believe youâve truly understood the message he was trying to convey. One day in the future, if you survive long enough, when youâve finally had it, and are about to call it quits from playing these purely mathematical and technical games with yourself, and with the market, you may then come to the realization that; this game called the market is really played inside of your head.
Because at the most foundational level, youâll realize that the market just transmits ticks! Yes,â¦.that is in essence all that the exchanges do! They just transmit ticks! Its you who must turn those "ticks" into a game that you can win...most of the time. For example, if your perspective is to look at the market at the end of the day, versus where it started in the morning, and price is lower at the close, youâll then rightly say that "the market" was down. That is âYour Marketâ! But what about for the guy who was looking at the market from a 1minute chart perspective? His market may have ended moving up from his last bar, swing, or whatever. His market may have a different ending,...yet you're both looking at the same ticks. The same is true for all the other participants in the market, all playing different games.
In truth, its your concept of what those "ticks" mean, relative to how you see âthe market,â that determines YOUR MARKET. And since what those ticks mean is inside of your head! There is no market "OUT THERE", except for the one that you create in your head. They are just ticks being transmitted by the exchange! Where they start and where they end is up to you, and the game youâre playing, as reflected by your buying and selling of what you see. Its you who must turn those "ticks" into a game that you can win...most of the time. And now it is at this point in your trading career, that you finally get to the core of the matter.
Its at this time that you may finally learn, what you need to do, how you need to think, and what is truly needed to create a winning game, to successfully play. It is only at this time that the mathematical, technical, and money management tools begin to make sense, and how they need to be properly used, to create a winning game. Surviving this pass of pain, to reach this point of understanding, wellâ¦.therein lies the true challenge, and the real âmarket gameâ. This my friend I believe is the real âHoly Grailâ of trading. I only regret that I didnât learn this 20 years ago.
Enjoy the journey.
KDASFTG
