market can either go up or go down.....
this makes it 50-50 chance for winning for anybody.....
yes....anybody...!!!
then why does everybody....yes.....almost everybody loses 80-90% of the times?
doesn't it sound amusing, if not outrightly absurd?
any idea why it happens that way?
despite that much of advancement in the technical indicators, expert fundamental advise, scores of business channels, tonnes of research and countless trainings!!!
well, in my opinion the culprit, in one word is,
"fiddling"
the more you know, the more u r anxious, the more u r greedy, the more u r fearful, the more u r emotional...............the more u r nervous and unsure and full of doubt.
coupled with the noise all around and the fear of financial loss, u r always a perfect pigeon to fly at every clap.
"fiddling......yes fiddling"
when u r right...u fiddle and chicken out...
when u r wrong...u fiddle until it becomes highly stressful and breaks...
the pinnacle of learning in trading is......unlearning!!!
i have seen traders learn learn learn....
though that is not wrong....rather a must, they forget to complete the studies which requires the trader to unlearn what their accumulated wisdom points out as "wrong, fake info"
this leads him/her to a filtered, evolved, distilled simple method which is carved by the chisel of improvement with losses arising because of "refusal to fiddle"....
this makes it 50-50 chance for winning for anybody.....
yes....anybody...!!!
then why does everybody....yes.....almost everybody loses 80-90% of the times?
doesn't it sound amusing, if not outrightly absurd?
any idea why it happens that way?
despite that much of advancement in the technical indicators, expert fundamental advise, scores of business channels, tonnes of research and countless trainings!!!
well, in my opinion the culprit, in one word is,
"fiddling"
the more you know, the more u r anxious, the more u r greedy, the more u r fearful, the more u r emotional...............the more u r nervous and unsure and full of doubt.
coupled with the noise all around and the fear of financial loss, u r always a perfect pigeon to fly at every clap.
"fiddling......yes fiddling"
when u r right...u fiddle and chicken out...
when u r wrong...u fiddle until it becomes highly stressful and breaks...
the pinnacle of learning in trading is......unlearning!!!
i have seen traders learn learn learn....
though that is not wrong....rather a must, they forget to complete the studies which requires the trader to unlearn what their accumulated wisdom points out as "wrong, fake info"
this leads him/her to a filtered, evolved, distilled simple method which is carved by the chisel of improvement with losses arising because of "refusal to fiddle"....
self talk:
market is a tiger (who can surely eat you alive).....but a blind one.....a deaf one.....the one with non functional nose.....he can't even smell you around!!!
he just can't spot u till u move or come in his way!!!
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