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Notes from Trading in the Zone
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Notes from Trading in the Zone

  #11 (permalink)
Elite Member
St Petersburg, FL
 
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: ES, CL
 
Posts: 2 since Apr 2011
Thanks: 7 given, 1 received


lovetotrade View Post
For any particular pattern to be exactly the same now as it was in some previous moment would require that every trader who participated in that previous moment be present. What's more, each of them would also have to interact with one another in exactly the same way over some period of time to produce the exact same outcome to whatever pattern was being observed. The odds of that happening are nonexistent. It is extremely important that you understand this phenomenon because the psychological implications for your trading couldn't be more important.

really appreciate all of the notes you provided especially these statements

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