Most market movement is ranging, not trending, so chasing daily home runs leaves you fighting the odds. If you can't spot where liquidity is being placed, you're probably the liquidity the market is taking from.
If you're like trading every day looking for a home run, you're likely not going to find it because most of the time price is not trending. 30% of the time, 20 to 30% of the time price is trending. Exactly. And the other percent, it's ranging. So if you're going in every day looking for that home run, then you're not going to find it most of the time. If you're confused about price, basically what we say is like, if you can't figure out the drawn liquidity, then you are the liquidity. That's a great thing to remember.
