*Deep inhale*
Skepticism is fundamental to developing a realistic, consistent world-view. It’s paramount to the practice and philosophy of science. It’s a valuable tool in navigating life. Without a healthy amount of skepticism, one is destined to fall victim to any skilled orator, passionate leader, or charismatic con-man. Wanna buy some land? I’ve got a hell of a deal on some ocean-front property in Arizona! Half price just for you!
When you are first told about the Market Makers in the foreign exchange market (and other markets as well), you *should* be skeptical. You should withhold belief. But, I ask that you don’t follow that up with immediate dismissal. Rather, why not try what I did? Accept the story, not as truth, but as a mental framework. Use the principles to guide your decision-making in the market for a while. See what your results are. Track your trades, and the logic that you used to make your analysis. I am doing that right now. I’ve made dozens of projections from this mental framework, and my success rate thus far is shockingly high. I only just began trading on my live account, and as of tonight I am 2 for 2 wins, and I am in a profitable trade right now.
Does that mean that the story behind the Market Maker hypothesis is true? Nope. Not at all. What it does confirm for me however, is that the mental framework….works. And at the end of the day, if framing my thoughts this way helps me free the sad little pips, then I really couldn’t care less whether or not the background story is true.
all ❤
b0tz
Liberate the Pips 