Saturday, December 5, 2020

importance of a trading system

only a system can tell you when to enter and when to exit. more evolved a system, more the accuracy. rest all entry-exit are psychological

akin to soft tingling gambling

you eventually feel good of your systematic trade goes wrong. you eventually feel terrible when your casual trade goes wrong. both of these are temporary. system-based teasers will eventually start falling in place, casual ones always remain at the beginning sinking you gradually

a penny of system-driven profit is much more precious than a dollar of a fluke. the former is a seed carrying many trees, the latter black hole

markets are casinos for those who trade without a system

and a self-employment/business for those who trade on some basis/logic/system. without consistency promise there cannot be any sustained profit in any business

better be system poor than systematically poor

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