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DAY 24 - A SETUP IS AN ORDER FROM MARKET

"Those studying the market..are studying what someone said instead of what market said about itself" Richard Wyckoff
As a trader, we have to trust our system and follow its orders. A setup is an 'order' from the market. When you recognize it, you act on it - you don't agree or disagree, for one reason or another. You just take it.
You cannot know until afterwards whether it was a good one. Sometimes you may have a hunch, but that is best ignored, if you have a reliable trading system. The resear…
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DAY 23 - A SETUP IS AN ORDER FROM THE MARKET

As a trader, we have to trust our system and follow its orders. A setup is an 'order' from the market. When you recognize it, you act on it - you don't agree or disagree, for one reason or another. You just take it.
You cannot know until afterwards whether it was a good one. Sometimes you may have a hunch, but that is best ignored, if you have a reliable trading system. The research has already been done. Don't mix R&D with trading - they should be kept completely apart.
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