Category: Trading Letters To Favour
Alan Wilson Watts once said,”We are living in a culture entirely hypnotized by the illusion of time, in which the so-called present moment is felt as nothing but an extremely small hairline between an all-powerfully relevant past and an absorbingly important future. We have no present. Our consciousness is almost completely preoccupied with memory and expectation. We do not realize that there never was, is, nor will be any other experience than present experience. We are therefore out of touch with reality. We confuse the world as talked about, described, and measured with the world which actually is.”
June, It’s June you all. Another month where we decide what the Nasdaq100 is going to do. We’ve had the bear market chilling with us for 6 months now. This is actually the 6th month—Woah! I think I lost track. Anyway, for me, it’s the first month. I started #Daily41 on the 1st of June and I want to monitor my progress every month for 6 months. This week in Nasdaq100, I ended it with 3 wins and 2 Losses. But when I started it in June 1st, it was already a Wednesday. Let me tell what happened, Lessons learnt and everything that has and will change in my trading. Furthermore, I will also be talking about my plans for this week.
Monday was the 30th of May, 2022.. before Monday, I added a rule to my trading which is, Trade just the London session. Reason because, The New-York hasn’t been the best market or session for my trading. In the New York, I always take Ls. Not funny.. So I said to myself, “Why not just let go of this session”. Most like the New York because of it’s opportunities but as for me, I just think that’s the best time for manipulations. So trading the NY is a No-No, for my trading. Later in the week, I also let go of range markets and mid-levels. Rage markets have imbalances and these imbalance defy market structures. My trading revolves around trading structures” so I don’t get favored when trading consolidations. Also the mid-levels are “deciding levels”.. If you find yourself in a mid-level, be sure to wait for the breakouts. Not just the breakout, the next candle and if possible, the next candle..
All your life, you have always been different. Like “Oliver Twist”—You’ve always wanted more. Embracing the beauties of life and going through it a step at at time. Favour, oh! my precious Favour. Do you even know who you are? Do you even know your worth? I’ve seen you, I birthed you, all you’ve ever gotten from life hasn’t always been on a platter.
Memory served, I remember how you’ll want to finish your work before you get to eat. I’d remember how you hunger for success. But Favour, you never believed in yourself. There is something hindering your success, There’s a reason you aren’t were you’re supposed to be.
I don’t know for sure what that is. However, I think one of the reason is because, you’ve never felt good enough. You never appreciated and celebrated your wins. So, to you—It seems like you aren’t winning. That doubt; that fear.. That’s the “hindrance”. .