Why is everyone scared and unable to do it
What governs the market is not knowledge but "perspective"
What I wanted to convey in this series is just one thing.
This is the final episode of Series 2.
Throughout this series, I wrote 13 articles. The themes differ, but the underlying message for all of them is the same.
"If you don’t change your perspective, nothing changes"
Changing methods, changing indicators, or changing timeframes will not alter the results unless the fundamental way of looking at things changes. The difference between a losing trader and a winning trader is not the amount of knowledge. It is how they perceive the market.
Knowledge and perspective are completely different things
Many people know Dow Theory. Many know multi-time-frame analysis. Butfew have internalized it as a "perspective".
Knowledge is what you understand with your head. Perspective is what you use unconsciously. When you open a chart, you naturally check from the higher timeframe. You naturally pay attention to highs and lows. You naturally articulate the phases of trends — this is perspective.
Knowledge can be gained by studying. But perspective is acquired only through repeated practice and reflection. Everything I’ve conveyed in this series has been a roadmap for changing perspective.
What I’ve conveyed in this series
I will review what I’ve communicated across 13 articles, one by one.
SERIES 2 — Review
- #01Nine-tenths of losing trades are decided before the entry
- #02Your "basis" isn’t a basis
- #03Why would someone who isn’t looking at higher timeframes think they can enter?
- #04Can you state the highs and lows accurately? If you can’t, you’ll lose
- #05Charts don’t lie. Your interpretation is what lies
- #06The decisive difference between someone who reads market flow and someone who merely reacts to price movement
- #07If you can’t even state the direction of the trend, close the chart
- #08A case where what you thought was a pullback was simply a drop
- #09Too many people don’t know what to check before entering
- #10The one common trait of people who consistently trade against the market
- #11Sell signals on higher timeframes, buy entries on lower timeframes. This is the biggest trap
- #12I used to trade FX without Dow Theory, and now I can’t imagine doing so
- #13What governs the market is not knowledge but "perspective"
All of these are stories about the "wrong perspective" I once had and the "correct perspective" I realized by changing it. They are words born not from knowledge but from experience.
If even one of the articles sparked a change in perspective, this series has meaning.
In the latter half, I will explain concretely what to do to change your perspective.
It explains concrete practical methods to change perspective, and the next steps you should take after reading this series.