What's your relationship with the market, honestly?

Adversary, teacher, casino, employer, puzzle — the relationship metaphors traders use reveal their psychology. The adversarial ones fight the market; the learner ones study it.

What's your relationship with the market, honestly? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's yours?

  • the metaphor that fits how you treat the market
  • how it shapes your decisions
  • whether it's changed over the years
What's your relationship with the market, honestly? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The expectancy guide works best when the market is a puzzle, not an enemy.

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