Chapter 6 and 7 had several huge "Aha moments for me. This morning, something clicked after a red set of trades, where I stuck like a robot to my strategy: If I *KNOW* in my heart of hearts - as certain as I am that there is oxygen in the air and that the earth has gravity - that my strategy *WILL* be successful over time, then all I have to do is execute it precisely and without doubt or hesitation EVERY TIME a trade sets up as per the strategy. I cannot decide to skip trades or take too many days off etc. Why? Well, again: My strategy is my edge, my probability that I am more likely to be successful than not. Therefore, I MUST repeat my process as much as possible, as accurately as possible in order to increase my probability of being successful

W: “When you’ve trained your mind to think in probabilities, it means you have fully accepted all the possibilities (with no internal resistance or conflict) and you always do something to take the unknown forces into account. Thinking this way is virtually impossible unless you’ve done the mental work necessary to “let go” of the need to know what is going to happen next or the need to be right on each trade. In fact, the degree by which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader.” “When we accept in advance of an event that we don’t know how it will turn out, that acceptance has the effect of keeping our expectations neutral and open-ended.” A: Mark is saying we must let go of the need to know what is going to happen next or the need to be right on each trade. To be 100% honest, I struggle with letting my mind not weigh all the possibilities of what can happen or what I think will happen. It becomes my dominate thoughts and hinders me from entering a trade. I had this happen with NIO yesterday. I contemplated and hesitated too long, then came the extreme agony (as Mark calls it lol-but very true) after realizing I missed an opportunity because of self-doubt. I hope to work on these skills over the next chapters. I hope he gives exercises to practice in the next chapters.

I am sorry. But I can not join the meeting today. But anyway attached my 2 cents. Have a nice meeting! W - In fact, the degree by which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader. A – He wants to say, that we must not focus on the outcome of a single trade. We have to know our probabilities and they do not work after a single trade. They work after a bunch of trades. Like the casinos. They maybe also finish a day in red. But they know that after a year or a month, the probabilities work with them. A – I am too focused on the outcome of a single trade. I get angry on myself when the trade lose. Thinking about what I did wrong. However, I did nothing wrong. I have to accept that the outcome of a single trade is almost accidently.

W- There are many things that can sideline you from thinking in macro vs micro while trading. Some of the forces that could change your macro view are personal things like your perception of what is going to be the outcome of the trade. Denial can also sway you from being in the macro mind especially when denial effects your subconscious. Another thing is getting to relax as the day rolls on with having to fight the occasional boredom. A- Mark said something along the lines of how much you assume on what happens in a trade can be off equivalently in how wrong you end up on a trade. A- If I were going to tackle this issue now, I would focus on being in the now on my trades. For me I say mentally to myself, focus on the exit for the trade that I’m about to pick. Then I would say to myself, so, ok now you’re going to set your entry.