Hello,
i wanted to share something with the world.
The answer of what is the holy grail of chosing the best possible charting setups for risking money.
When i started to learn trading, i have asked a successful trader, why cant i be constant successful making money.
Thats what he wrote.
-----------------------------------
-> Question:
I know, that my problem is my selfcontrol, to simply trade my rules.
-> Answer:
Let the market come to you. You dont care what the market does. You are only there to make money. That means, you dont care what the market does - you just choose a Setup and trade it. Everything else doesnt matter.
Be more conservativ. Be picky and only choose the best setups. Let the rest go and keep yourself away from that you didnt choose - doesnt matter if they were successfull or not.
Trading the finance markets is just a business of probabilities. Its always a matter of being unsure, there is no clear black or white situation. Its always a shade of grey.
That is the nature of trading the finance markets and one of the reasons why the most people lose. Only a few people can psychologicaly handle that constant uncertainties in the markets.
-------------------------------------
Since then, this was always the most important sentence when it comes to my trading.
Markets move fast if you do the right thing and money is growing fast. But if you bet on low probabilites, nothing moves and money will not grow.
Its all up to you, what situtions you trade.
Its like Poker, only trade when you have two Aces.
Discipline is the key.
I hope you like it.
Greetings
i wanted to share something with the world.
The answer of what is the holy grail of chosing the best possible charting setups for risking money.
When i started to learn trading, i have asked a successful trader, why cant i be constant successful making money.
Thats what he wrote.
-----------------------------------
-> Question:
I know, that my problem is my selfcontrol, to simply trade my rules.
-> Answer:
Let the market come to you. You dont care what the market does. You are only there to make money. That means, you dont care what the market does - you just choose a Setup and trade it. Everything else doesnt matter.
Be more conservativ. Be picky and only choose the best setups. Let the rest go and keep yourself away from that you didnt choose - doesnt matter if they were successfull or not.
Trading the finance markets is just a business of probabilities. Its always a matter of being unsure, there is no clear black or white situation. Its always a shade of grey.
That is the nature of trading the finance markets and one of the reasons why the most people lose. Only a few people can psychologicaly handle that constant uncertainties in the markets.
-------------------------------------
Since then, this was always the most important sentence when it comes to my trading.
Markets move fast if you do the right thing and money is growing fast. But if you bet on low probabilites, nothing moves and money will not grow.
Its all up to you, what situtions you trade.
Its like Poker, only trade when you have two Aces.
Discipline is the key.
I hope you like it.
Greetings
