Gold Silver

2020年5月15日

5.15.20 Gold Silver this is not just about gold and silver, it is about your priorities as a traitor, and whether you are predominantly a pattern traitor or a price action traitor. You can be a little bit of both, but you still need to know your priorities for making an actual trade decision. When I do these videos I know that I seen to be talking all over the place, and part of the reason for this is that many traders will be predominantly pattern traders, and other traders will be dominantly price action. My trade entry is triggered by price action... the way I look at price action. Most of my charting shows structure and line patterns, and then I look through that to analyze the price action. It is very important to understand the type of trader you are and recognize that you can have everything... and once you have that understanding and acceptance, it makes trading much easier. I am perfectly fine if a market doesn't meet my criteria even though I believe it's going to move in a certain direction... and yet I don't like that trade because of the price action, or the risk, or the profit potential. The difference with this kind of thinking is that the market is giving mixed signals for my way of thinking... but I'm not confused, I'm simply not convinced that I should risk capital... and that is much different from feeling the pressure to take a trade when there is no clear clarity for me... and then decide whether or not I'm going to make a a decision between an impulse trade for fear of missing opportunity, or making a decision to not trade wondering if I will suffer from remorse because I lacked conviction for reasons that weren't entirely clear for me.