Thursday, December 17, 2020

self talks

Trading is 20% analysis, 20%money, 20% luck, 40% psychology.

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Always keep fearing yourself (only).

I doubt my every position every morning noon and evening. I do fresh analysis every time, draw fresh lines...

After every successful trade, pat your back and reset the reputation.

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Cricketers and traders are only as good as their last 3 trades.

And when if despite scrutiny from fresh angles the analysis, interpretation, and inference is the same it gives immense confidence. 

Things can still go wrong but the probability is highly reduced.  Practically and actually.

You can't prefer or embrace total uncertainty just because some uncertainty is always there in studied certainty.

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Trading is the chess played between CEs and PEs based on the price moves traced and understood with charts.

There are lots of threats... genuine and bluffs, lots of defense and offense,  lots of missed chances and lucky runs, moves, and traps...

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