The market is not a chart, the chart is the price

The market is not a chart

A chart is a price

The price is not a chart

The price has form

Forms are formed by the struggle of price

That very struggle is all that forms the Dow Theory shape

Market nature is not investing

Market nature is ultimately a matter of bargaining

Bargaining and gambling are similar

Gambling simply does not incorporate the long-term results of bargaining

Gambling, at its root, is also investment-like

Market nature is similar to poker

But it is not governed by rules like poker

To succeed in FX

You need a form of probabilistic thinking like bargaining

An invisible mental analysis

Because market nature is not a chart

In reality, you can increase your funds by watching only the price and not the chart

Let's consider stop-loss without the concept of winning or losing

A stop-loss can be acknowledged if, within one week, the net result is positive

But if within one week the net result is negative, you cannot acknowledge a stop-loss

This also applies to unrealized gains and losses

With unrealized gains, if it comes back up, you can justify taking profit as a stop-loss = a stop-loss

With unrealized losses, can you admit a stop-loss? = you cannot do a stop-loss

That’s about the idea

Ultimately, standards are set based on this losing or decreasing mindset

These standards cause trading with uncertainty and negative aspects

What you need for bargaining is composure

You don’t have to demand perfection

In bargaining

Charts are a nuisance

The reason is that chart candles, especially candlesticks, can lead to negative thinking as prices move forward

However, as time passes, results can diverge from that negative analysis

In other words, you may see wicks on candlesticks or prices retrace

And switch to a positively trending market for you

But if you are just watching the price

You are saying you did not engage in negative analysis, market, or thinking

In this case, you need to change where you look at the chart

In other words, stop focusing on minor chart movements

And pursue the shape alone

Since the shape is the struggle of price

View it in Dow Theory form

Dow Theory aggregates all traders' expectations

Even if there is no underlying meaning

There exists a kind of form

If it is not the traders’ expectations

But simply a chart formed by banks and hedge funds joining forces

That analysis itself becomes "material for bargaining" and thus "the meaning is fully established"

Traders who profit using technical analysis

Profit because they use technical analysis as material for bargaining

Those who lose are because they "use technical analysis itself," leading to confusion and losses

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