Kosta Ouzas delivers a short spoken piece about trading psychology and tactics centered on support lines. He cautions traders against worshipping support levels, framing support as a reference to plan around rather than a guarantee. His approach (and algorithm) prepares for both outcomes: profiting from bounces when support holds and scaling in/buying when support breaks and others flee.
Support lines are where traders go to pray. They see a line on the chart and they believe it will hold. Sometimes it does, sometimes it breaks. But either way, the market loves to test it. Our algorithm treats support simply a reference, not a fortress. We prepare for both outcomes. If it holds, we profit from the bounce. If it breaks, we're scaling below, buying when others are fleeing. Most traders attach hope to support. We attach plans. We're ready for the bounce and ready for the break. Support is a tool that can guide you, can help you frame risk. But to worship it, it will betray you. You support, don't depend on it. Because the moment you trust the market blindly is the moment the market takes everything back.
