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Hurt, no. Wrong, yes. But believe it or not, I had my own justification, not just winging it. I was not expecting the day to run back to back with yesterday and thought it would balance.
Remember that the concepts of being "in balance and out of balance" make a lot more sense to you than to me at this point, and many times are adding confusion to some of my decisions. And, I am studying it to get better at it.
LSP
Single Print
Volume confirmation with LVT
Can you help answer these questions from other members on NexusFi?
A friend thinks I am revenge trading. I thought I had a legitimate trade. But he could still be right, and my justification could be biased towards what I want to see.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
It is looking like this will be a down week. The more I think about it the worse I seem to trade. Finished today up, but had very low confidence.
I feel that a large part of it that I am starting to try to integrate what little I know of market profile, and am misinterrpreting it, or getting mixed signals, or not believing in it, or any combination of things that weaken my trade conviction. And then started to overtrade.
Today I mostly watched. Talked a lot with Ryan around lunch time.
IN balance / OUT of balance / ANTICIPATING balance, IN value / OUT of value, ABOVE or BELOW Vwap/POC, POOR vs EXCESS. Not that any of the concepts are complicated, but getting it all to work together is.