Bobby's Homework Assignment Part 1

5.14.23 Part 1 is about the ES.... and mostly about a market that isn't finding sellers when I'm looking for sellers... but even worse than that, The market has no significant range. You want to avoid these markets because you never have a good risk reward relationship... and this is because there's no significant range between the buyers and the sellers.... which makes this an ambiguous market. You do not want to trade ambiguous markets. To use another term....A term for you... you might be ambivalent about this market, And this means to you that you're ambivalent about Making a trade. if you think like this you're making it difficult when the markets are ambiguous because they are contracted with no range..... you don't want to be ambivalent about whether you should take the trade.... for me I am certain that that I do not want to take a trade because Contracted markets can stay contracted much longer than you think and as long as they're contracted you have terrible risk reward Relationships.... and taking the challenges of contracted markets will create tremendous financial risk beyond your tolerances and an overall cost in terms of psychological capital.