The Best Trading Proverbs
- Thread starter JTrades
- Start date
Some extra thoughts.
More knowledge = more "extra" questions that could not have asked before knowing what to ask for.
The more unanswered questions the dumber person may feel.
But more answered questions may create exponentially more unanswered questions.
Good trading is boring , sit and wait and do very little , it means sitting and getting bored at doing very little.
one or two quality trades for 30 minutes a week work , is all you need to be successful trader.
https://www.elitetrader.com/et/thre...ing-is-too-simple-easy-and-too-boring.111668/
one or two quality trades for 30 minutes a week work , is all you need to be successful trader.
https://www.elitetrader.com/et/thre...ing-is-too-simple-easy-and-too-boring.111668/
At the most basic level, people must trade by processing information. Unfortunately, we're not very efficient information processors. We have a lot of biases that enter into trading decisions.
van tharp
van tharp
Information itself may also have lots of biases.
Trading is a mental sport with many handicaps , 1) chart/setup information processing handicap on uncertainty 2) multiple psyche handicaps 3)amygdala handicap 4) body condition handicap.
These add to a negative edge to start with , add spread negative sum and add zero sum = 95% broker's statistics.
trading methods with an edge will exclude the trading handicaps