I think that one of the hardest things is to stay to your rules, even if nothing is working as you want it to work ! For sometime I have been trading and from time to time I think that nothing could go wrong, but guess what? You will always have times
Do you have unrealistic expectations? I think most people have no idea about risk. Yes, it is true, traders are rewarded for taking risk. But you will not be rewarded if you take insane risks. Actually the risk setting you see in this video is much too high for what I would consider to be
Do you like surprises? I think actually most people would say yes, but indeed not all surprises are good. The surprises that you don’t like are called problems! And problems are unavoidable, from time to time you will have problems, no matter what you do. We cannot predict the future.
Did you know that candles on the chart are just a visual representation of something that the computer has calculated? And on top of that, these are even relative representations, so you will only see big candles if they are bigger than the last one and in fact the same candle might look much smaller
Most people are talking about entry signals, because they often confuse a trading system with just an entry signal. But actually there is more to it! For a successful trading system, you need to have several components that work together . A system is by definition something that consists of several
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