OIL

4.20.23 It occurred to me that I should have Titled this Bobby's homework assignment. Some people just aren't made to be traders. Some people really can't take risk. Some people don't have the money to lose. Believe it or not, There are some people that just can't be wrong and because of that they can't trade. Andrew Menaker talks about that. You have to be realistic about the markets you're Trading. You have to be realistic about your tolerances for loss..... some people really can't take A 2,000 loss because they just don't have that kind of money no matter how good the profit. My personal belief is that most people Are attracted to the wrong solutions and they use the wrong tools For various reasons. I believe most people do not know how to be selective and how to find Patterns that could work for them... and stay away from everything else that they should have no opinion about because it's not the pattern or set up that will work for them. Eventually, When the chart Is showing you something it's not set up to give you the good trades that work for you.... but many people will take those trades. There's a point in your Trading when it gets so bad you have no idea what works for you and what doesn't. That's a very stressful time. My recommendation Is that if you find something you think could work and it doesn't have the tools that you used to use when you were losing Traders...Don't use those tools. Don't assume that you have a special tool from the past and you're going to use that tool when you basically lost money.