Most profitable trade trading is about pressing buy sell buttons , so so; wrote 6 books and sold them , sold indicators ,sold automated programs , education , back testing software , anylysis , systems , methods , formulaes , trend courses , then price action courses , but the best trade was selling a course in trading the market chop+ phsychology + emotions and loss recovery formula , after all the others failed.It was the most profitable.
If trading was easy , the whole world would be doing it.In fact all the books and education on trading , are written by unsuccessful people , they could not make money from trading , but from writing books , selling courses and education.
Trade within your ability and risk tolerance. Increase size and frequency when ability and tolerance permits it.
My favorite three Buy in haste, repent at leisure To err is human, to hedge divine Buy on the rumour, sell on the news
Wise men speak because they have something to say; Fools because they have to say something. Plato wise traders trade because they have something to trade , fools because they have to trade and get excitement /buzz from CLUELESS trading
You will always remember the trades that could have been and forget about the risks that were involved.
trading is very easy , just the trading failures and monkeys have been educating the masses , and failures of tommorow
people want to treat the world as if they could predict and understand everything. As a result, they tend to seek patterns where none exist and to invent the existence of unjustified, causal relationships. Traders don't want to trade probabilities. Yet trading is a probability and money management game.