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Hi Db
I have quoted above from 2 different posts you have made - and could have picked a couple more.
Picking up on on one of Eiger's recent posts, our brains [ emotions ] are "hard wired" and vulnerable to odd behavior at "decision time" - and especially vulnerable when facing a constant assault of new information.
Rodney |
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Rodney,
those are great questions for Db with equally logical response which is worth taking note of as it is based on pure Wyckoff training, not the one via SMI Wyckoff.
As for the humanity being "hard-wired" and all that , what bearing has that got with what the market is trying to tell you. That is why
Mark Douglas has highlighted these issues regarding personal bais, attitudes in "Trading in the Zone", IMO the only book one would ever need on trading psychology, how the trading environment is unqiue, based solely on uncertainty and probabilities, unlike any other profession on earth. and that it is imperative to train and learn to read the information that the market is giving out moment to moment on a continuous tick basis(there are no open, high, low , closes in this flow) via buying and selling pressure.