Mate the more you let emotion rule your actions, the more you become a slave to the manipulators.
Follow the money flow!!
Institutions are buying while the public are selling.
Treat trading like fishing.
Fishing requires patience.
Wait for the right conditions.
Find the right spot.
Find the best bait.
Go out and buy the equipment that you need?
Know as much as possible about the type of fish you want to catch.
What is their favorite habitat, food, feeding times, cost per kg, taste etc.
Make a plan with a timeline.
How long are you going to give the fish to bite before moving to another spot?
Find your edge!!!
The manipulators reveal themselves through increasing/decreasing money flow.
You have to know where all the professional fishermen are trawling.
Use the manipulators to your advantage.
By following volume, you will know where the trawlers have set up anchor.
These fishing trawlers are full of experienced fisherman who are armed with depth sensors, sonar and many other tools that we recreational fisherman don't have access to.
When you see where the trawlers are, take your little tinny out to the same spot and drop your anchor.
You have one huge advantage over the trawlers.
Your boat is far more maneuverable!
Using these principles are easier said than done but they are nonetheless important principles.
Good luck catching a fish.
(20min delay)