An Interesting Transcript from Bill Williams Course 1998
Most people who trade, generally trade with less information than they wish they had, so they call their brokers, or read newspaper, or other sources where they can get more information, but
What would happen if you had ALL the Information there is in the world?
If you had all the information about the market in the world, you would be Totally Ambivalent ~x(
?
Because the Markets are Exactly where they are because there is always
The Same Amount of Reasons to Buy that they are to Sell
If there were more reasons than there were to Sell the market would already have gone up.
So The markets (price) are Exactly where they are because
"Thats where they are supposed to be, and they are supposed to be there because that's where they are"
so
Forget about Bullish/Bearish Consensus - Because there really is no such thing
Forget about Overbought/Oversold Concepts
and (and here is a bummer/bumper)
Forget about How Much Money You should risk on each trade or what percentage of your overall money you should trade - (Most Money Management and Ideas Dont Work)
The Only Thing You have to Worry About is How to Want What the Market Wants! (Bill Williams 1998)
What is the Secret of Successful Trading?
The Consistent Pursuit of
DS1 
The thing that makes me money in trading is when I
"Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch
THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
)