The Premise

All the world’s a stage,

And all the men and women merely actors;

They have their exits and their entrances,

And one man in his time plays many parts

William Shakespeare

All of us come together here on the trading floor at different stages in the game. Maybe you’re a trader with advanced knowledge of technical analysis. Maybe this is your first stop. We all come from different regions, cultures, generations, and backgrounds with unique value systems. In order to journey together there must be some basic things on which we all agree. This is the mindset that we approach the market with. It is also helpful for you to understand where I’m coming from. This way you can understand where I’m taking you. The following is the series of posts that outline the fundamental assumptions we approach markets with. By understanding and agreeing to these premises, the rest of the content on this site will resonate more clearly and deeply.

So here it is. The beginning, the starting point. This is the premise.


Premise 1: The Chart Is Telling A Story. It is the story of price.

Be unpredictable, be real, be interesting. Tell a good story.  James Dashner This is the fundamental premise that underlies every chart. Everything that happens on a price chart is a result of the actors in the story playing their part. Like in any story, there is the protagonists and the antagonists. In financial markets these… read more.

Advertisement

What are your thoughts?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s