Bobby's homework assignment

31 באוג׳ 2023

8.31.23 The reason why I'm doing another video on bitcoin Is not to show you that it's going higher or lower in the bigger sense of things.... it's because it's showing you transition from a very Contracted market to one that's starting to expand a little bit, But not as much as you think. If you're not careful you can make judgments that are not technically correct and it can happen because of the time frame you're on and how you perceive price action. Patterns on charts can attract you to inaccurate Decisions if you're not careful. In this video I showed how I think you can reduce Inaccurate decisions if you Follow some of the Clues that are more objective... and you're willing to think about it and test your accuracy. Personally, I don't Think markets as random as some people think they are. On the other hand Markets can hit our stops... so a well thought out trade Is not a guarantee that the market will follow our trade. I know that I don't have influence on the market to move the market... so I keep small stops. I can't predict Many of the changes that occur in a trade... but I have a pretty good idea when the market does( something )...There is often information that can help me if I'm willing to look for it. One thing about oscillators: I started with oscillators and use them for a long time. There were so many times that they didn't work.... I added Another one or two Oscillators to help me manage the first oscillator. The problem with that is that I had three oscillators and I had to decide which one I should use... so I had to spend time Choosing the oscillator that I thought might work. This should be something disturbing. When I see charts with two to four oscillators on the chart... it reminds me of the years when I Consistently lost money.

31 באוג׳ 2023

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