Your Chart is the Body of Proof

This week when we were Live Trading FOMC I uttered the following words:
“It doesn’t matter what you think.
It only matters what the market thinks.
If the market doesn’t think the way you do
You don’t move”
Not exactly Shakespeare, but like all great ideas it just channeled through me and I thought about it long after the webinar was over.
It seems such a simple thing and yet we almost never follow that rule.
I know I certainly didn’t and often paid a dear price for my arrogance.
But recently I started to watch “Body of Evidence” and suddenly a lightbulb went off in my head…

Well let me tell the story this way

PepperSmaller

Boris Schlossberg

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