10/29/2022
Most people will be oblivious to this post similar to the content I publish pertaining to trading.
The nature of the post will not revolve around automobiles nor to any other material possessions. It will rather delve into to my profession which is the art of trading. Now at the risk of sounding hypocritical, I will say that there are a select few who do treat this discipline seriously and who will analyze and apply the message that I am conveying.
Retrospectively speaking, I will say that the predominant facet of trading revolves around human psychology (hence which is why there has always been this incentive to automate trading) and NOT predicated around needlessly complicated technical systems that social media incessantly tries to sell to you. Most individuals fall into the trap of trying to learn a perfect trading protocol, attempting to create this immutable ideal system, not realizing that they will inevitably encounter the “ Law of Diminishing Returns”— where with more knowledge, your trading efficiency will plateau and eventually decrease , leading to your ultimate demise as a trader.
Allow me to dispel this myth. Trading is nothing more but a game of probability, and trying to win your odds. As simple as a coin toss, your probably of winning increases with a decent system. But what truly permits your ascend as a trader is mastering your own psychology, keeping your emotions at bay, and synergizing your technical knowledge with the correct psychological conditioning.
So I urge to diametrically shift your emphasis from excessive charting to your psychology and to strike a balance between the two— a symbiosis of some sort, which ultimately will negate most trading- related losses.
Enjoy 😘