A success story that almost turned into a disaster

Hard to believe anyone still falls for these rackets. I guess the old saying holds true...

PTBarnum once said There's sucker born every minute.
Every new generation, whether it is generation x, y, z, or millenniums fall for the same old tricks.
 
The successful person may also tend to fail so you shouldn't fear to fail, the plan may turn into a disaster all you need is get back to work and start again.
 
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Some conclusions
1. I never stop repeating - don't be stubborn, let the market show you what it is doing and how successful it is in that (works especially well in indicies)
2. If you are having a bad day, relax and stop trading. The reason your day is bad is might just be because you're in the ranging market trying to trend directionally or vice versa. Trying to find "the range" in the trending day. That is why, the ability to tell one type of day from another is so crucial in the market.
3. Always remember, to stop trending is not enough. Draw some conclusions about what went wrong. And then shut down your computer completely and don't approach it until the next day.

Which might be.... The BEST trading day of your life.

That's sincerely my approach to trading and everything I'm showing you here is a subjective analysis of how our prop traders are doing. You might have a different opinion, so I'm ready to discuss answer any questions.

Slava,
LMI Funded Manager.
A possible different conclusion:

Fool by randomness?
 
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