This month has been absolutely brutal—getting wrecked over and over again while trying to catch a rebound or wait for a breakout, only to get slapped around repeatedly! A lot of excellent traders have been taking hits and facing drawdowns this month. I’m no exception either—did the math and I’m down fifty to sixty grand. My live trading records are crystal clear: went long and got wrecked, went short and got wrecked too. No matter what I do, it’s just not working out. Spent half the day analyzing and reviewing the market with the crew, and I’m starting to feel that saying makes more sense: the higher the spike, the longer the consolidation. The harder it pumped before, the longer it’s gonna chop now—and the more frustrating it gets. You’re asking me how much longer this sideways action will last? At this pace, I’m guessing we’ve got another seventy to a hundred candles to go… Not trying to be pessimistic, just saying we need to be prepared. In this kind of market, the more impatient you are, the harder you’ll get wrecked!