Another example of real life vs trading: Forcing trade opportunities is the equivalent to a human hunting/scavenging for more food to decrease the risk of starvation. Works in real life, but not in trading.
Someone said that trading is around 60% psychology, around 30% money management and about 10% strategy. Therefore, people arguing on the internet which strategy is best are people who always want to be right and be comfortable with the idea that they have the right tool, when, in fact, they should rely on a money management system and respect it no matter what. People are guiding their lives on the wrong principles, this is one of the reasons many of them die poor, by choice. I can relate trading behaviour with any aspect of my life. Trading is the reflection of all your inner demons, starting with greed and fear. Learn to control your emotions and impulses, learn discipline and follow your money management system, stop looking for things that don't matter. You are everything in trading. Over 90% of trading is you, your ability to control and follow, to control emotions and follow your system. Then you only apply your strategy, whatever that may be.
ur videos r serious edge to trading,n a threat to brokers/markets,IF absorbed beneficially by traders...otherwise,many just want signals to nail profits n never ponder about all these hidden tactics....trading is yet a psychological warfare n not with the market so much,anymore....those tricky,cunning algo-r always on the lookout to hunt down traders by harnessing these human evolutionary traits...damn u algo....
Full series playlist: ruclips.net/p/PLpxj0ZlW-DD_x7G1AXcOxwZQNssisrg9A
This video is lesson #7. Thanks for your support.
Another great video, I like how you point out how we need to be reprogrammed to be profitable traders. I'm looking forward to the next video.
Another example of real life vs trading: Forcing trade opportunities is the equivalent to a human hunting/scavenging for more food to decrease the risk of starvation. Works in real life, but not in trading.
Thankyou for the video, waiting for the last one.
isso, sim é uma visao diferenciada.
Someone said that trading is around 60% psychology, around 30% money management and about 10% strategy. Therefore, people arguing on the internet which strategy is best are people who always want to be right and be comfortable with the idea that they have the right tool, when, in fact, they should rely on a money management system and respect it no matter what. People are guiding their lives on the wrong principles, this is one of the reasons many of them die poor, by choice. I can relate trading behaviour with any aspect of my life. Trading is the reflection of all your inner demons, starting with greed and fear. Learn to control your emotions and impulses, learn discipline and follow your money management system, stop looking for things that don't matter. You are everything in trading. Over 90% of trading is you, your ability to control and follow, to control emotions and follow your system. Then you only apply your strategy, whatever that may be.
Thanks. The past is holding us back
ur videos r serious edge to trading,n a threat to brokers/markets,IF absorbed beneficially by traders...otherwise,many just want signals to nail profits n never ponder about all these hidden tactics....trading is yet a psychological warfare n not with the market so much,anymore....those tricky,cunning algo-r always on the lookout to hunt down traders by harnessing these human evolutionary traits...damn u algo....
😪