Quote from ehorn:
A partnership with the market...
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Quote from jack hershey:
letters >>>> words >>>> grammar >>>>> sentences >>>>> paragraphs >>>>> chapters >>>>> books >>>>>> language >>>>> languages.
The markets have a language that tells a story.
Did you learn to read? Let's hpypothesize that you did and your were successful and nowadays you can pick up a book and read it. Go further, you can write to others and they get what you told them.
Sometimes you speak and listen when you are with someone else.
Suppose some one comes along that you connect with. You chat You even get to be friends or you decide to be special for each other.
wah thappens when you are in a relationship?
Let's say it is a partnership.
At some point you make the decision to accept what the other person tells you.
By doing that, something else comes into the picture. It is none of the things that are related to discipline or following rules.
Switch to considering that you are a trader and you trade a market. See if you are partnering with the market and if you have:
letters >>>> words >>>> grammar >>>>> sentences >>>>> paragraphs >>>>> chapters >>>>> books >>>>>> language >>>>> languages.
Is there a means of communication involved between you and the market?
Is it possible to accept the "tells" of the market and "GET" the story the market is giving you in market language?
If this has happened, then you have "trust" in the partnership and trust leads to your understanding the value of the tells.
As is seen in many posts, no trust is there and there is no partnership nor is there any language either.
This incoherence is established by FEAR, ANXIETY and ANGER that most traders have acquired because of the decisions they made and the consequences that come from poor decisions that prevent learning the language of the market and the ability of a person to form a partnership.
A mind that can read, write speak and listen is differentiated. There are no edges involved at all.
A lot of people switch partners occasionally. Do they change languages? What do they change?
Acceptance goes away for the former partner. Trust goes away too. valuing what the former partner said goes away.
What takes the place of all of these things? A new partner, new acceptance and finally new trust.
Have you ever tried to manage a partner? What is the substitute for managing a partner. Discipline? Rules?
No, instead it is having a common language. understanding and acceptance. Trust and values.
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