Survival Rules
By the end, you can state the core survival rules that keep you in the game.
A sailor respects the sea. You don't argue with a strong current — you work with the market you're given, and you never assume it owes you anything.
- The market owes me nothing — no reversal, no bounce, is ever owed.
- Trade the market I have, not the one I wish I had.
- I can make money in both directions — long and short are equal tools.
- Strong trends deserve respect until structure changes.
The market owes me no reversal. Trade the market you have, not the market you want.
These aren't motivational quotes — they're risk controls. Most blow-ups come from fighting a trend that owed you nothing, or trading the market you wanted instead of the one in front of you.
“It's fallen so far, it's due for a bounce — I'll buy.”
“It's in a downtrend. Nothing is owed. I trade the market I have — and shorting is on the table too.”
'It's dropped a lot, so it's due to bounce.' What's wrong with this?
- The market owes you nothing — no bounce, no reversal.
- Trade what's in front of you; both directions are valid.
- Respect strong trends until structure actually changes.
Up next — You can read one candle and the auction behind it. Module 2 strings candles into a story: reading the auction.