Bobby's Homework Assignment

5.1.23 This video is about A follow-up on oil, And I believe it validates some of the thinking that led to this market to retest the gap for about 1,400 of profit. You don't have to take any trade if there's something about it you don't like. What you want to do Is establish An insight and a connection with how markets move....If the market set up to present you with an opportunity.... if only you knew how to think and use the tools that will lead you to a trade. You are always going to have losing trades. The only way to avoid it Is to not trade. I believe you can trade with probability favoring you, And with chart patterns did greatly increase your ability to find better trade location with smaller stops and a decent reward. One thing I like about this video Is that I spent a little bit more time explaining price action around two bar reversals.... the explanation is not just two sentences long and a Nifty little conclusion.... it's just not that easy, But when you get used to doing A brief analysis it's not that hard. I'm guessing that most Traders can't make money do ....Is that they take more or less random trades without any real opinion on why that trade Is especially good.... they don't even know what that means... so they don't trade or they trade with small stops because they're not really sure and they tend to lose anyway... and so 90 plus percent of people who Trade Stop Trading Making little or no money and generally Walking away having lost money. It's a horrible space to be in... I know what it feels like. Personally, my solution was to stop trading for a few years and study my butt Off Until I could figure something out. This video is worth listening to.