January 6, 2020

Which skill is easiest to monetize in trading?

Who says that he doesn’t want to make money, and to do it as quickly as possible, is likely to lie. Unfortunately, this is our nature.  The only difference is whether you give free rein to this desire or keep it under control?

Patience is an important skill without which it is impossible to trade plus in the distance. However, among many market players, patience is rare.

Do you know this? - when a storm of doubt sweeps away your confidence in the previous hypothesis about the movement of the instrument on the market? And then, yielding to doubt, you close ahead of time, getting breakeven at best. The worst minus.

I know what you thought. "This is obvious!" But then why does the majority still continue to step on the obvious rake?

By the way, this is a matter of self-control. If you ask me how to develop self-control, then I will answer simply: “a series of mistakes and stuffed bumps”.