Yep. It's all about knowledge and experience. Our consciousness is just a thin layer of our whole mind. Teaching your subconscious right things...
If your observation passes on an objective test (a statistically valid number of trades done in this manner), it means you have a good...
Success definitely comes from taking risks, BUT as long as your bets have a proper risk profile. My background of trading for 7 years kicks ass...
Yes it can and it does become one. Random gratification effect is exactly the same.
Not just trading. That's certainly a distorted reality perception, which can't lead to anything good.
Trading psychology is no different from career psychology in general if we speak about setting and achieving desired career goals. If we speak...
Right, I sell physical items myself and customers only see pictures or videos. Not trying to say price based on price implication is that...
One more thought: In physical trade, supply/demand is more often dictated by the benefit of owning something (using it). Of course there are...
That's one great answer, RN! So you basically say that in short-term supply/demand has not much to do with forces behind market prices? I...
Aha, here's the example. I should've read it before asking for one. Thanks. :)
I am probably unaware of that, but have yet to hear about a company looking for TA patterns in order to predict prices of certain products. :)...
Would it mean TA in your opinion works only in highly speculative markets driven by greed and fear in purest form?
Let's say you want to analyze some market that is not one of instruments usually discussed here on ET (retail prices of cell phones in Malaysia...
You don't believe in your own strategy and tactics. That's good, cause it probably doesn't work.
First of all if a con man is really good, you most likely won't spot him/her. At least millions and millions of voters can't. :D Second, if...
Somehow edge slowly eroded it seems. Drawdowns become deeper and longer and good streaks less frequent. It just lost sense to me to work that hard...
I agree, being exactly in that category Nietzsche described. Miserably failed at trading, but made it quickly and very well as a merchant...
Who said it's 90/10?
I don't even trade actively anymore, not even speaking of hosting trading sites. :)
It's like that in every area of life. Your car can be fine, but you better drive well too in order to arrive where you want to.
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