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I don't think you are alone on this. This was my experience as well. I don't know if its the era, the writer or the readers. Maybe some of all the above. The material is referred to as a course, but I didn't find it presented as such. Maybe that's me.
In section 7 where he goes over the action of the market from that period, his observations where great, to learn how he read the behavior of the market like would be a great asset. However, I'm not sure what I was suppose to pick up from that otherwise because he offered little instruction in this part. What was there had to be taken out in tiny pieces and since he kept going back to pages, par, dates and so it just becomes a cluster. So far, I feel I should be highlighting areas of interest and almost removing them from the rest of the course for them to be of value, because what is of use is so buried I will have to read each section again to find it.
I'm going to read it from beginning to end as I planned and then review, but geesh!
this is exactly what I've been trying to do - trading what's in front of me, (though hardly without hesitation), and getting out if things don't go as expected, (though almost always not fast enough).
I dream of controlling risk the way you do, but I somehow still haven't quite got it. I think it's because I haven't had enough trading experience to know exactly what to expect of a good trade. too many times I caught myself hoping that a bad trade would turn good right this next bar. sometimes it does, sometimes it doesn't. and it confuses me to no end. so that next time when I encounter similar situation, I still don't know exactly what to do best.
do you always know exactly what to do after entering a trade? could you please show us a chart displaying how you manage a trade from entry to exit?
I'm not sure I understand what you've said here. how are we supposed to read price action if not by bars? price flow by bars, doesn't it? how do you view the flowing of prices?
