I don't believe the article is saying not to use the tick but rather that there is no magical external tool that by itself will make you money. For example the tick can help you gauge the market which is part of "orienting and observing" but acting on it alone will not be profitable.
fwiw The need for certainty runs deep in humans, why I donât know - human nature if I were to guess After working on me here are the things I am certain of I will die I must pay taxes, or go to jail If I remain in a losing trade, the mkt can wipe me out Other than that â itâs all a crap shoot Learn to be comfortable in not knowing, itâll remove a lot of stress⦠and free you up to act RN
Staying focused is a big challenge for me too. Will have to get a pair of new glasses soon - getting more farsighted with every day. ...Which is not that bad, on the other hand ...because when I step back from the screen the trends are more visible ...it's only when I zoom in I don't see crap and get lost all the time... ... P&L - is the ultimate indicator of a trader's performance. But it only indicates ...past performance does not guarantee future results...
"Trading must be stress free ...and that's 90% of what is required" 2 cents from The Oracle and "4 cents" from you - Redneck
No but your current actions always will And if your current actions are correct, then that is reflected in your PnL - or not RN
I had laser corrective surgery some time ago on one eye which was great but now the combination of multiple screens and (i found out lately) large fluorescent lights have made my other one blury, longsight is becoming a problem too, as my right eye (the one affected) i use a lot on another activity...we must be getting older? One thing i must say though, i started running about a year ago, and that with a combination of other outdoor activities i'm part of has made a big difference in my overall energy levels and even ability to sit in front of the PC's for longer.