4.13.20 I had a hard time listening to my last video, but it was too late to delete the video. One of the points I tried to make reflected on how difficult it was for me to make a prediction of where the market might move, and even though I had a pretty good idea I didn't feel comfortable about it at all. On this video I cleaned up my issues and made analogies that were simpler, and I wanted to share the way I worked through some of my conflicts from the earlier video., As I've stated many times, I've been around this market for a very long time, and when I tried to take trades that don't feel right, at this stage of life I end up not taking the trades. That is a good way to avoid making trading decisions, but I wanted to make it based around Monday's behavior and compare it to Friday's behavior in a way that may be more objective. In my mind, if nothing else, if I can observe a difficult market and assign the behavior of the market to the ambivalent feelings I have about the market, I am doing myself a great service. If you're feeling ambivalent or stressful about a market, it may be to personal reasons which include a lack of understanding of the market and other personal issues. But if you're feeling was uneasiness and the market turns out to validate your feelings then it pays if you can articulate and defined the behaviors of the market so the two things can happen: you have less frustration and fear, and if it's the market in a way that is definable, that it's easier to make the correct decision and avoid all the stress in the first place.
My conclusion for Sunday-Monday's it had good reason to be a lousy market to trade, and that's exactly how it treated. All I had to do was to define the market.
My conclusion for Sunday-Monday's it had good reason to be a lousy market to trade, and that's exactly how it treated. All I had to do was to define the market.