@FuturesTrader71 Great advice today on your traderbyte to those who have not really experienced these type of market events. Hopefully, they got the message. Thanks! As always.
@TradingComposur Agree. Markets are fractal. Time frames, should be adjusted based on the minimum range necessary to meet risk/reward parameters. If the market is choppy then one should get out of the noise and that would mean going up potentially to a higher time frame.
@FuturesTrader71 We already mean reverted to 4505 MCVPOC.. I was looking forward to that for RTH.. NEXT! Thanks for helping me understand the intermediate time frame better.
@rip_fader @FuturesTrader71 On point. As you have often said, "We are not special." We must do the work, find an edge(s) and execute our plan to reap that edge's distribution of positive expectancy. Rinse/Repeat.
@FuturesTrader71@jaredtendler@AnthonyCrudele Traders should look hard at their P&l & see the consequences of responding to fear & emotional triggers. Nott taking trades, moving stops, bailing, etc. Quantifying the true cost will reveal that profitability is slipping through their fingers.
@FuturesTrader71 Most aspirering traders minimize the substantial impact fear & emotional triggers have on their potential survival of the learning curve. Newbies & Seasoned traders should take advantage of this excellent overview. Tx Morad, Anthony & Jared.
@FuturesTrader71 Hi Morad! Happy New Year.. This is one that will look better in the rear view mirror. Tx for sharing your insights. They have been helpful to me over the years. Best for your continuing success. Tom B. ๐ฅณ๐
@FuturesTrader71 I remember listening to Ben. It was the most amazing narration I have ever heard. I felt that I was standing in the pit with him and was a chilling experience. Thanks for reminding us about that moment and those who weren't in the markets at time to get a real feel for it. Tx