@DaveTradesOpts I think Everyone just wants to make easy money. Trading is marketed as easy money by course sellers and furus.
I agree Most will never learn how to trade but its bc of laziness and inflated egos imo.
Don’t give financial advice if you’re not a licensed financial advisor. That desire to be “right” just ain’t worth it. No one knows the future but God.
If you never learn to cut losses, you will never make it as a trader
You can learn every analytical method, every chart pattern, every economic indicator
But it’s all pointless if you can’t admit when you are wrong on a trade
Most traders fail before they grasp this
there is only one mistake in trading
it is making a mistake,
and then not learning from it
because the way you manage your own faults determines your progress
each time you make a mistake,
you are presented with two paths
ignore it and continue on,
or address it and improve
this is a choice you will face time and time again
and it is the direct difference between those who make trading work and those who do not
struggling traders view mistakes as a threat,
and then block them out to avoid the reality of addressing them
winning traders view mistakes as feedback,
and then face them directly to identify the specific areas to improve on
one turns mistakes into bad habits,
the other leverages them for growth
so stop fearing your own mistakes
face them
learn from them
apply the lesson
and you will find progress
I’ve spent YEARS studying the pivots of all markets and I am finally ready to reveal how you can find it on your own FOR FREE.
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