Short Term Trading Member Forum

[Blackbelt1]

Pt. 2 - Technical Formations and Cycles

MORE NOTES TO MYSELF

People love to ask, "Are you a bull or a bear?" I'm neither. Here is the only question worth asking: "What line is the market or stock crossing now?" A second question might be, "What is my best hypothesis concerning what the market might do next, and what would be the best possible verification--giving me an objective, ideal moment of entry?"

If the market is crossing no lines (pause zone), why be a bear or a bull?

If I adopt bullish or bearish glasses, I see evidence of my point of view everywhere. This will cause me to stop looking for the opposite possibility--to not see when the market does cross an objective line--demonstrating a clear trend or direction.

Trading strategy: Hypothesis, Verification, Action (enter or exit trade). No impatience. No forced trades. No bias.

Black