You can't predict where the market goes, so plan for multiple scenarios instead. Set entry points and wait for the market to reach them rather than chasing price action. This "trapper" approach removes the pressure to guess direction and keeps you disciplined.
Chapters
So we're constantly— you, you kind of alluded to it a little bit in the call. I think the sooner you come to a realization that you don't know what the market's going to do, the better off you're going to be. Yeah. You know, you have to understand that you live in an environment where you don't really know, but the, the way to deal with that uncertainty of not knowing what's going to happen is have a plan for both scenarios. You know, that's, It's kind of like we're not traders, we're trappers, right? So we have a plan. If it goes to 85, 92, we have a plan for that. If it goes to 60, we have a plan for that. That's what institutions do. They hedge. They, they don't— they try to take the directional out of it. So yeah, just have your plans and be ready. Let the market come to you. Don't chase it. Don't get induced, you know, just sit back and set your traps and let the price come to you.