ScottBogatin

alterative way to read the market and respond to it.

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10.12.21 This is a discussion of how to overcome some of the psychological challenges in a market that is taking away profit, and processing actual information from the chart to manage our trade decisions more effectively. I believe this is something that doesn't come naturally, and that this is due to the stress from potential loss, and the inability to characterize what's going on in the market more objectively. In other words more objective analysis can minimize overwhelming fear of loss and allow you to be less impulsive, and to even be more strategic... and actually think like a buyer and the seller when the only thing you would do in the past would be to be a buyer or a seller. The silver chart is the example.
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