This is a clip for one of our Live Language of Markets sessions. It was an active day in the markets, so I used the opportunity to demonstrate and ground teachings in an S&P E-Mini market. I walk us through the process of calmly following and trading a market. I show that with an understanding of market structure, we can easily and quickly acclimate ourselves to any market. From there, we can follow the unfolding process of price flow smoothly, changing from long to short back and forth. We do this by making it all about price and what it wants instead of all about us and what we want. The next step is to trade when appropriate with discipline and consistency accepting stops and wins. We know ahead of time, what gets us in, how we will manage the trade, and how we will exit with 5:1 R/R.
This series is taken from portions of the “How To Practice” course I am currently building for Language of Markets and is designed to shift how you perceive or experience markets. Our actions are always dictated by how we experience what is occurring. This is how we can know a lot about markets and trading but remain inconsistent with our actual results. Unless we change how we perceive markets, we will always react in the same way no matter how much we learn about the technical aspects of markets.
This Video is a simple exercise in the S&P 500 and is about not-knowing and learning to change with change. The market just does what it does, there is no reason, it’s just happening and we just follow it. The market is not good, bad, right or wrong, fair or unfair. Developing this kind of experience in the market takes the emotional charge out of needing to know what is going to happen, and needing to be right or avoid being wrong. Your perception of markets will begin to make a shift to perceiving what is actually happening, rather than fear-based projections of what’s happening, enabling more intelligent and consistent actions.