mignolet
mignolet|Aug 24, 2026 06:56
Since clearly changing my market view around the 73K level, I have continued to watch the market closely. If I had not quickly acknowledged that my previous view was wrong at that point, I would have lost my psychological edge, and my trading decisions afterward could have become significantly more complicated. And the current weekly candle is clearly backed by strong buying liquidity. That part is undeniable. From here, data analysis is still important, but I think we have entered a phase where the ability to accept the market as it is and maintain psychological discipline matters even more. There is no absolute answer in the market. Whether your analysis turns out to be right or wrong, without your own clear framework and criteria, you will inevitably be pushed around by every market move. Once the analysis is complete, you need to define your own criteria and build a clear plan for how you will respond based on them. Markets rarely move in a straightforward way. I don’t expect this time to be any different. Whether through sharp price swings or prolonged periods of consolidation, the market will continue to push investor psychology to extremes and constantly challenge their conviction. So if you are not a short-term trader, but instead trade broader trends like I do, I think this is a time to keep your time horizon as long as possible and avoid wasting unnecessary energy reacting to every short-term market structure and price movement. Once you have established your broader directional view and your own criteria, what matters more is staying calm and following the market within that framework. Don’t let the market drag you around. To do that, you first need to accept that you can be wrong. And once you have done enough analysis, rather than allowing every price move to shake your conviction, trust the framework and analysis you have built, and execute your plan accordingly.(mignolet)
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