Implementing strategies is not easy in real time .Mistakes reduce profits. Every week our system makes 100 to 200 pips , but we lose money every week after expenses , because we make many stupid mistakes
I am very skeptical about back tests , especially with trending , t/a and price action . There are several factors which affect actual results 1)emotions , stress , psychology 2)mistakes 3)fills on prices 4)cognitive blindness
I missed IMPORTANT criteria in analysis = cognitive blindness Inattentional blindness, also known as perceptual blindness, is a psychological lack of attention that is not associated with any vision defects or deficits. It may be further defined as the event in which an individual fails to recognize an unexpected stimulus that is in plain sight.
buy my trend trading course, it is the only holy grail Trend-following and quantitative specialists, often known as commodity trading advisers due to their legal set-up, tend to profit when markets have a clear direction. They have lost money in four of the past five years. http://www.cnbc.com/2016/03/18/hedge-fund-closing-at-fastest-pace-since-global-financial-crisis.html
“The difference between stupidity and genius is that genius has its limits.” -Albert Einstein 10,000 HOURS , 15,000 hours of dues , 20,000 hours of dues
“Imagination is everything. It is the preview of life‘s coming attractions.” -Albert Einstein It all starts in your trading imagination, not just in your own personal world but in the world around you. Everything you see that is man made is something that started off in someone’s imagination. You can harness that power whenever you choose to in order to set up what’s on the way for you.
learn from the 2 % winners, keep away from losers https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=95% lose The Winner sees an answer for every problem; The Loser sees a problem for every answer. Winners see the potential; Losers see the past. Winners see the possibilities; Losers see the problems. The Winner always has a program; The Loser always has an excuse. The Winner says, "It may be difficult, but it is possible"; The Loser says, "It may be possible, but it is too difficult". Winners have dreams; Losers have schemes. Winners use hard arguments but soft words; Losers use soft arguments but hard words. Winners make it happen; Losers let it happen.
Tradingeducationbuyer: are you trying to win the contest for the most useless posts on a forum in the shortest amount of time?