Successful trading requires cognitive flexibility to abandon your plan when the market doesn't cooperate. Over the past four weeks, weekly bias signals have repeatedly failed because of low volatility, with recent candles not even sweeping the prior week's highs or lows.
A big part of your trading success comes down to how cognitively flexible you are in the sense where, all right, trading's always a game about like, you could come in with a clear-cut plan. Okay, if this happens, then ABC, right? The reality is that a lot of the times, like the market doesn't move according to our plans. A very valuable skill to have as a trader is to be able to, you know, kind of be flexible to remain like, okay, this was my plan, but clearly the market is not really moving in line with my plan. Let me be flexible and let me change things up. And also the other thing to consider is that for the past 4 weeks, we have had the weekly bias basically not play out because of a severe lack of volatility. Now, I don't know if you can notice this, but if you take a look at this candle right here, that's the high, that's the low. On the very next week, we did not even sweep either the high or the low. And this is followed again by last week where we did not sweep the high or the low of the previous week candle. So overall, we've been dealing with very little volatility.
