Josh

Market analyst, trader and entrepreneur.

[Josh @JoshHash]

Prediction is a future expectation.

Expectation enables confirmation bias.

Confirmation bias limits our ability to see or act in the now.

This blindness is the root of most traders problems.

[Josh @JoshHash]

@finessee_Fx The same can be said for us all trading balance and imbalance.

[Josh @JoshHash]

Focus on the process before progress and outcomes.

The process brings progress.

Consistent progress from a self improving process is what delivers outcomes.

If you are not experiencing your desired outcomes then most likely you have these priorities backwards.

[Josh @JoshHash]

@casper_smc The optimal RR is regime, strategy, and time horizon dependant.

The RR that results in max expectancy is the only true answer to this stupid debate that never ends.

@casper_smc I know you have been around long enough to know this, so this has to be engagement farming!

[Josh @JoshHash]

@TheH0n3stTrader Wait
Signal
Execute

[Josh @JoshHash]

@TheStonkDad Also whichever one has the most relative volume at the time tends to be the less wim"wicky" due to book depth .

Furthermore, one or the other will tend to have a better RR ratio to the next potential area of support or resistance than the other.

[Josh @JoshHash]

@TheStonkDad Most of the time they are almost completely correlated with almost identical structures.

NQ is usually 2x leverage for the same relative move. If you can fit 2 ES contracts in your R then you can reduce comms by taking 1 NQ instead.

[Josh @JoshHash]

@SPill_007

[Josh @JoshHash]

@paxtrader777 Had to check the comments on this one.

They did not disappoint

[Josh @JoshHash]

@k312inside @VolSignals Correct! Everyone and including your taxi driver long call inverts the profile from what is assumed in naive gamma to a long skew.

This inversion is validated by the recent vol up spot up and a change from gamma squeeze melt up regime to an uncompressed range.

[Josh @JoshHash]

@Hunt4Trades @SPill_007 But for me the tape and L2 create information overload.

I prefer market structure and options chain data for positioning confluence.

[Josh @JoshHash]

@Hunt4Trades @SPill_007 As long as one understands and looks for and understands the impact of spoofing and icebergs then it can be very useful.

When combining it with the tape, volume, and delta of current price action one can better quantity real time order flow.

[Josh @JoshHash]

@MarciSilfrain To be fair... The London trading session has been some of the cleanest structure lately.

Being old and on the west coast, I don't trade London often.

But lately it feels like 👇

[Josh @JoshHash]

@fabian_4pf If you keep your risk R a percentage of your risk capital it scales perfectly. However most generally agree that a slow taper down as your account grows is optimal.

[Josh @JoshHash]

@Hunt4Trades The most aligned pathway forward is always within.

[Josh @JoshHash]

@spotgamma Are you sure that you are not just viewing it from the lens of naive gamma and therefore are not able to factor in the inversion effects of long skew ?

[Josh @JoshHash]

Exercise caution with who you allow in your sphere.

[Josh @JoshHash]

@systematicls Positive sum energy individuals are group energy multipliers by orders of magnatude.

Zero sum energy individuals negate positive group energy with divide by zero energy.

Negative energy individuals invert that positive collective energy with multiply by negative one energy.

[Josh @JoshHash]

@systematicls Positive sum energy individuals are group energy multipliers by orders of magnatude.

Zero sum energy individuals negate positive group energy with divide by zero energy.

Negative energy individuals invert that positive collective energy with multiply by negative one energy.

[Josh @JoshHash]

Predictions are just false certainties in the land of make believe.

[Josh @JoshHash]

@Jacobtradesz Yeah, but the real question is; are you the regular gambler, professional gambler or the house?

[Josh @JoshHash]

@rugal_fx They are both interrelated variables of expectancy.

If you are asking this question or expectancy is not part of your answer then that is what you should learn about next