Let’s start with a post sent out to YTC Social Media last weekend: This line resonated with me: “the most important talent may be the talent for practice itself.“ And it reminded me of two prior YTC articles: Trader Performance Drills Trader Performance Drills – Part Two A great topic that has deserved far more…
Take note of the way that price approaches a level of support or resistance. The more that price has to stretch to reach it, the better. This is a time to FOCUS. Because if this move is unable to attract sufficient selling to continue lower, it can potentially set up a very nice YTC PAT…
Ok, not really. But the market participants have memory. And they have somewhat predictable human nature. And that is what leads to patterns in structure creating familiar outcomes. And the saying that the market doesn’t repeat, it rhymes. We saw this in a prior article: The Market Rhymes (AKA Don’t Screw Up the Second Opportunity)…
Right and wrong are actually poor terms to use when discussing analysis. Everything is of course “probabilities”. More correctly we should possibly refer to our ability to make positive or negative expectancy decisions and whether not the outcome falls in our favour. But I assume you know what I mean. So let’s go… You WILL…
