Price Action - Without Hindsight - Trading Psychology Talk - Part 3 (UK Subtitles)

[music] They are sitting there cutting you through. What else are you eating now? Is roast pork still roast pork? Yes . They beat the English when it happened. Damn, I want to eat turkey. No, I miss roast beef on Christmas Eve. But oh, you shouldn't do that. Oh no. But while you're sitting there,

I'm sitting there with my mobile phone, because the market has completely collapsed, and there is no liquidity. And when there is no liquidity, the market is only in one direction. And it fell, and it fell, and it fell. And I know, I know, it's not a popular thing to say among women, but

there is one thing that is better. That 's when you're on the right side of a market that's just going downhill. It's better than anything else. And I'm not saying it's any better than that . Of course, there was once someone who wrote to me, so you haven't met the right person. [laughter]

Alright. Okay, honey. But what I experienced wasn't bad. It made me think a little about what would happen two days later. The market was closed the next day. And the day after the market had fallen about 600 700 points that Christmas Eve. And then you think, shut up, how the hell will they react when they come

back on Boxing Day? On Boxing Day [clears throat] I was short, because I thought it looked pretty bleak. It starts to rise and rise, and then I think, oh well, you should probably close your short position before you throw away everything you earned on Christmas Eve. And then I turned around and went long, and a lot went up

and down and down. And at some point, it got to the point where it had completely regained everything it had lost on Christmas Eve. And I thought, now I'll take my profit, because I'd won back everything I'd lost, plus some more. Then the market rose another 600 points. This prompted me to research