The Best Trading Proverbs

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.
 
“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.
 
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