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The white players represent you watching a pennant form in your favourite instrument, waiting for it to break to the upside, because it always has in the past. You backtested it, after all.The black bear represents the fact that "things are different this time". Maybe the volume set up is slightly different (but subtle enough that a system can't 'see' it), maybe the general market sentiment, maybe the news out of China...whatever it is. You just didn't see what was in plain sight. A coincidence that it's a bear?One way of gaining the security needed to have clear objective awareness is to incorporate an element of system into your trading. I have done this and I have observed directly how it affords security, and how I tend to see the market more clearly within that secure framework. The other way is to create the security de novo and not use the system as a security 'crutch'.
The white players represent you watching a pennant form in your favourite instrument, waiting for it to break to the upside, because it always has in the past. You backtested it, after all.
The black bear represents the fact that "things are different this time". Maybe the volume set up is slightly different (but subtle enough that a system can't 'see' it), maybe the general market sentiment, maybe the news out of China...whatever it is. You just didn't see what was in plain sight. A coincidence that it's a bear?
One way of gaining the security needed to have clear objective awareness is to incorporate an element of system into your trading. I have done this and I have observed directly how it affords security, and how I tend to see the market more clearly within that secure framework. The other way is to create the security de novo and not use the system as a security 'crutch'.
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