WY-07-31
Updating Decisions as Price Action Unfolds
The Complete Decision Process
Sam Rivera
Full Chapters / WY-07-31
Real-time analysis can use only price action already observed. Completed candles provide full data; incomplete bars provide only prices and cumulative volume available then; endpoints awaiting later confirmation remain candidates. As new action arrives, reassess the explanation, action conditions, and risk boundaries. Review must not treat an outcome known only later as information available earlier.
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9 lessons · Chapter contents
01Use Only Information Available Then and Preserve Trading Records↗02Initial Facts: First Describe What the Market Has Done↗03Retain Other Explanations That Fit Current Price Action↗04How Incremental Evidence Changes Judgment↗05When to Wait, Participate, Cancel, or Replan↗06Confirmation, Rejection, and Cancellation Are Different Actions↗07The Same New Fact Means Different Things When Holding or Flat↗08Evaluate Decision Quality Separately from Trade Outcomes↗09A Complete Decision Process as Price Action Unfolds↗The course transcript will be available with the finished video. The captions below belong to the interface demo.
Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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Analysis and Trading Decisions Within a Complete Structure
