Replies to post #1459 on PIVOT POINTS;standard,demark,fibonacci

[nlightn]

good read !!! its always beneficial to review the basic components of what comprises trading why an individual is involved.

i learned long ago from a futures trading friend to make my charts as simple and clean as possible and pay close attention to price and volume. he would say; charts are a reflection of how i think. there is no right or wrong there is just a point of observation.

what i gleaned from him was; that i am the one that is seeing what i am seeing. and how i know what i am seeing is accurate is did i enter trades that created profits ? if not then i was fighting the market because it was there to give profits as much as it is there to take them. it's how i trade that determinations that.

and that was the inflection point my friend was trying to get me to see,...what makes me see the particular chart technical indicators a certain way is me !

"i sold too soon and left profits on the table,....or "i didn't get out soon enough and lost the trade.",...or "i had too many trades going and couldn't monitor them all and lost where i could have won.",..

all these comments come from where my headspeace was,...confused and as jumbled as a a chart with 15 indicators,..and spaghetti line mess !!

once i got that i began to see the markets differently. instead of fighting the markets i began to cooperate with them and stayed out of trades that didn't reflect my trading personality.

so i have to clear who i am to know how i will be trading. without that clarity i am reaching into the dark trying to find the light switch to turn the lights on.