Hey.
Patterns …
… keep changing.
Sometimes, markets move with a rhythm.
At other times, there’s none.
Rhythm, that is.
What is there, then, at these times?
Nothing recognizable?
Noise?
Something developing, but still not discernable?
A mix of all this?
It’s ok.
We don’t have to have a pattern at all times.
We’re ok with occasional mini-models.
Once defined, one moves as per these.
When the mini-model doesn’t work anymore, one discards it.
Examples?
Mondays are slow. Then they’re not. Helps in entry-planning, and sometimes also in exit-planning.
There’s one breakout in the watch-list per day. Then there’s none. Helps during profit-booking and / or exit-planning.
There’s one addition to one’s in-profit watch-list per day. Then there’s none. Helps in recognizing bullishness picking up and slowing down.
Monthly profit target not met by far, and it’s nearing the last week of the month. Rally slowing down? Reversal coming?
One gets the gist. Make up any mini-model.
Make up?
Yes. That’s the thing.
Working with something that no one else in general is using, or has thought of, is an edge.
What this means is, that while others might be making use or no use of slow Mondays, these haven’t become a mass pile-on party like a Fibonacci event, which the whole world knows about, uses, and can be fooled with.
Our own mini-models work …
… just for us,…
… and then they don’t, …
… which is when we discern the next one that is working.
We traverse from mini-model to mini-model, learn tremendously, and …
… create more and more cost-free-ness.
Over time, all our created cost-free-ness makes one’s cup run over.
🙂
