Sunday, July 20, 2014

Guidelines to win


 
Facts

Trading is not about clear-cut, straight forward simplicity and it's about uncertainty...

The market is not simple and is all about uncertainty, and complexity, and ambiguity...

Simple trading setups mechanically could never capture that, and they can never give you a true lasting edge..

Reading the market from minute to minute, hour to hour, is the root cause of  loosing trades..

Solutions

Must learn the art of reading the markets..

Be patient, Learning this is a very complex process that will take time..

God sake, don't follow any mechanical system, you must check and understand the trading logics visually.

Learn to synthesize different elements like price action, levels, market cyclical, and how to interpret levels, and pull them together into a contextual view..

Do Homework and keep your trading plans in hand in advance, and wait  for mindless setups and levels to line up.

Dedicate yourself like you’ve never dedicated yourself before. Trading is a mental sport.

Start building your skills. Start practising.  Don’t be afraid.

This the only way you’ll progress. And trust me, you will win.

 

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