What are your Trading Breakthroughs?
- Thread starter mmm
- Start date
My trading breakthrough was when I realized "trading is not rocket science".
Yes, you can make trading extremely complicated, but I having the most success with incredibly simple trades. Over and over again.
My second breakthrough would have to be learning and being comfortable with "just pulling the trigger".
I had some issues with complicating the trade, looking for proof I was correct, etc. Basically I just have to be somewhat sure its a good trade, then pull the trigger, and if its right I make money, if its wrong I close the trade. Just do it, works wonders for me.
Yes, you can make trading extremely complicated, but I having the most success with incredibly simple trades. Over and over again.
My second breakthrough would have to be learning and being comfortable with "just pulling the trigger".
I had some issues with complicating the trade, looking for proof I was correct, etc. Basically I just have to be somewhat sure its a good trade, then pull the trigger, and if its right I make money, if its wrong I close the trade. Just do it, works wonders for me.
to realize that time to learn all there is to know about market, to read all books about market, to ask all question about market, to chase a 'greener' pasture is over because you just keep chasing the rainbow. Then it is just matter of picking out a single set up that tell you something and after awhile you start to realize 'hey, this stuff work' check out jademaster for some thought http://www.elitetrader.com/vb/showthread.php?s=&postid=1166863#post1166863 and it's simple and why everybody else doesn't do it became a real mystery for variation of this theme read http://www.elitetrader.com/vb/showthread.php?s=&threadid=75166
Because I accept the risk if I'm wrong. You'll never know if a trade was good or bad until after the fact.