I strongly believe that there exists a thing called "breath of the market." As many people know, there are mainly three kinds of market trends: UP, DOWN, and SIDEWAY. And for each, there are also 2 types: VOLATILE and QUIET. Van Tharp, a trader's coach, categorizes the market into these 6 classes, and he updates market trend every month.
I, as a day trader, also need to be very sensitive to any slight change in market's direction. It is like I also breathe at the same speed and intensity with the market. This is very important especially for discrepancy trader. To me, market is alive. It moves like us, sometimes very expressively and other times very subtly. So I need to be able to calibrate the state of the market. Also I need to accept its state of ambiguity. I don't know if this means the same as NLP's "Tolerance of Ambiguity."
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