I received this picture with a question – I entered on the second green arrow to buy, why do you say that it was necessary to sell at this point? And I went through this option with the person. It is described in the terminology that I provide.
I want us to switch to discussing market scenarios in the evening when someone is having trouble. Let’s reduce the number of negatives. We have all the letters for this.
Now, about what to do to make this procedure run easier and faster. I recommend over the weekend, for those who have the strength, to try to build and scroll through the “market picture” in your mind without looking at the chart. That is, without looking at the chart, describe how the price moves along the chain: square of action – floating square – completed square, simple movement – complex movement – segment, low volatility boundary condition – add-ons – high volatility boundary conditions.
Go through this chain in the evening, see where our mental picture doesn’t match the fact, and let’s bring everything to a common denominator.
In general, that’s all I wanted to say today. Have a great weekend, sorry for intruding into your narrow family circle.