Alright folks, welcome to chapter 2.
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A lot of you are asking me where is chapter 1, and if you ask me that I'm truly disappointed.
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in your question.
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Chapter one was last week when I said there's going to be a chapter one and there was no chapter one.
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The lesson was anticipation versus outcome.
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What did you expect, and what did you get?
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It was a metaphorical lesson, and it directly pertains to the importance of trading.
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Why?
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Because...
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Let's say you assumed and anticipated a key level to be hit at a certain
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time You don't know what's gonna happen is it gonna hit is it gonna dig deep is you gonna go?
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So even deeper than you expected,
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is it going to not touch the key level and give you a change in the state of delivery before?
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Your anticipation versus what happened is never guaranteed.
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And that was a lesson.
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That was chapter one.
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And today is chapter one.
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in which I speak about the importance of time in trading.
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The age-old question, time or price, recently on Twitter, because Twitter is the biggest platform for trading.
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Some reason by default,
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there's been a hot debate going on between fairly inexperienced traders who are experiencing beginners euphoria and challenging the more experienced traders.
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about the importance of time versus price.
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I know a lot of traders,
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personally, both in real life and online, I am connected with a plethora of important, experienced,
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Like, and when I say experience, I don't mean like two, three, six, five, five, six, seven years.
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I decades upon decades, 20, 30, 40 years experience in the markets.
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And the common thing with all of them is they all agree to the importance of time over price,
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whether it's time or it's time, But time is always there for them before price, they always consider the time before they consider the price.
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That's an observation to be taken into consideration.
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You either know that time is more important than price, or you are simply uninformed.
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Now, what is meant by time?
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I want to cover three things,
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the importance of time in trading,
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the divisions of time,
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and why and why should we keep the Why should you,
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the person watching, why should you care about the element of time in the charts?
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