There is no need to read and understand the entire market. There are only parts that anyone can understand.
Trends observed in various markets.
The probability of a daily bullish candlestick is on average 53.2%.
The probability of a bullish candlestick is higher than that of a bearish one.
Nikkei 225 is 55%
S&P 500 is 53%
EUR/USD is 57%
Gold is 52%
there are biases across different markets.
Humans tend to lose (make errors) when trading based on emotions.
There is talk that when asked to predict whether the next day will be bullish or bearish, the win rate cannot exceed 50%.
Predicting is disadvantageous.
Set aside predictions and emotions, and continue to wager according to a fixed pattern or rule.
“Probability statistics,” “the law of large numbers,” and “convergence” are important points.
“In trading, you must have something to rely on.
And that should be something with statistical backing.” Teruo Hayashi
I will share the exchange.