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Language of Markets


 

 

Hello, Trader

February 7, 2020
Simple Invites Relax
 
This month in our live sessions we talked a lot about using simple and focused methods as a way to relax our trader's mind. There are so many things going on while we trade that it's easy to get overwhelmed and have our actions become random and haphazard. So we trained in simple methods using Kill Zones and Pressure Cookers as a way to read and trade markets. The simple invites relax, relax invites fluidity and the ability to change with change. Continuing on the theme of relaxing the mind, we also focused on Type II (Expand-Continue) trades, where the trader can leverage the confusion and urgency of the pushers in a market by waiting for the expansion. This offers a very relaxing way to trade. 

Insights
Member submitted dispatches on the joys and tribulations of trading

Trading, to me, is not about finding a holy grail. It’s about being fully rounded in my approach and fostering an inquiring mind. Since I often find it difficult to change, this can sometimes be quite a challenge for me, with certain hurdles that need to be overcome within myself. So it takes time and practice. But it is, exactly, in this conflict where I find the work I need. I can talk forever about the skills needed to ride a bike, but it is in the doing and feeling where the real learning happens.

Since adopting this attitude of learning, I am finding that trading has layers of understanding that, as I unravel them, take me regularly to aha moments. Breaking the learning down into manageable chunks makes it easier to see and understand. I know I have arrived at a level of clarity when I can explain the what and why of a particular thing to a six-year-old. Often it is not complex at all.  A matter of a few lines drawn on the chart with assertion and a depth of understanding is often sufficient.  
 
There is no doubt that trading can be tough, but with humility and courage, it is extremely exciting, liberating and rewarding. In my 50+ years on this planet, I find the skills learnt in trading are also applicable to life and if I fail to learn a lesson I will be presented with it over and over again until I do learn it. I cannot pretend to have learnt it either. This is a very raw thing that forces a truth in my practice.  

This continual aspect of discovery is best summed up in this quote: “Regard man as a mine rich in gems of inestimable value. Education can, alone, cause it to reveal its treasures, and enable mankind to benefit there from.”
 -Language of Markets Member
 

Website Updates

If you're new to Language of Markets and are curious about what we do in our Live Sessions, take a look at Clips From Live Sessions, posted on our Home page.  On our About page, Shane gives a site tour.  

Spotlighted Posts

Waiting Outside of the Crowd

February 1, 2020

Patient observation allows you to take advanage of market confusion.

A Study of How Price Moves

February 2, 2020

Studying price movement and sinking these rhythms into your bones. 

Following Live
Theory Into Practice
February 2020

In Following Live, we will feature a futures and currency market every month to follow and then review at the end of the month. This is where we take theory and ground it in practice. This month we're reviewing December's EUR/USD and E-Mini S&P futures and will map fresh, the USD/JPY and Soybean Futures.

Change With Change

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At Language of Markets we teach you how to learn from price itself, no matter what instrument or timeframe you're trading. We teach you how to look and how to see so that the only thing you need in order to trade is you.
Past Newsletters 

January 2020
December 2019
November 2019

 
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