Instructions that the 9th
Acting With No Doubt
Successful trader Jack D. Schwager properly describe someone who is afraid of experiencing some losses by saying,
Jack D. Schwager
"It's about the loss that led to subsequent losses as well as fear or hesitation to pull the trigger, much like deerfrozen (stationary) in the headlights shine."
Jack D. Schwager
"It's about the loss that led to subsequent losses as well as fear or hesitation to pull the trigger, much like deerfrozen (stationary) in the headlights shine."
You know when seeokor deer freeze when exposed to light shine? Actually you are an object that is very soft to be finished soon! More fatal again you just do not realize it.
Immediately remove yourself from the shackles of fear you have created yourself. You have to dare to let a few punches. Do not let the market intimidate you! However, you must have the mental steel, good defense and a reliable method.
If anyone asks who the best trader at this time, "Stevie Cohen is the best trader is this period," It is written in Trader Daily Magazine, a company run by Steven Cohen, SAC Capital Advisors. The volume of transactions estimated 3 percent of all NYSE volume of daily transactions. In an interview, he once said,
Steven Cohen
"You do transactions with your way, but let the market tell whether you are right or wrong ... I estimate,roughly 55% of my transactions is victory."
Steven Cohen
"You do transactions with your way, but let the market tell whether you are right or wrong ... I estimate,roughly 55% of my transactions is victory."
There are fundamental differences between predicted correctly and make transactions properly. Number of traders who spent time trying to find the most correct method, or find the most accurate way, for example by looking for signals or software that provides certainty advantage. You could say that they are actually just covering their own fears. They tend to be less confident that the tools that actually make them into a very doubtful.
Looking for indicators, the software or the perfect formula is less wise to conduct a transaction. Why? Because I think that people who are experts and geniuses out there, which has experienced decades to analyze and predict the price and then sell their concepts of course they are the ones who succeed.
Answers will be trading this puzzle became clear. Experience, intelligence, and expertise is no guarantee of trading you will succeed. Indeed, if they are good traders and they know where the market will move, why they teach the techniques of trading? Selling trading systems and indicators? Still in the stage of promotion to find clients? Why do not they rich? They can invest his own.
Answers will be trading this puzzle became clear. Experience, intelligence, and expertise is no guarantee of trading you will succeed. Indeed, if they are good traders and they know where the market will move, why they teach the techniques of trading? Selling trading systems and indicators? Still in the stage of promotion to find clients? Why do not they rich? They can invest his own.
If you are an ordinary person but have a commitment, do not lower yourself. You still have a chance to succeed in this business. William Eckhardt once said,
William Eckhardt
"The answer to whether trading can be learned, without any qualifying is yes ... Every person with averageintelligence can learn a trade. This is not a science high."
William Eckhardt
"The answer to whether trading can be learned, without any qualifying is yes ... Every person with averageintelligence can learn a trade. This is not a science high."
He went on again,
"So far, I do not see the connection between good trading and intelligence. Some of the leading traders arevery intelligent, but among them are ordinary people. There are so many intelligent people who are leading amiserable trader. Has average intelligence is enough. More than all, improving the level of emotion is muchmore important. "
"So far, I do not see the connection between good trading and intelligence. Some of the leading traders arevery intelligent, but among them are ordinary people. There are so many intelligent people who are leading amiserable trader. Has average intelligence is enough. More than all, improving the level of emotion is muchmore important. "
Learn to go with the flow. This will sharpen us to want to admit mistakes. You also should learn to be flexible and quickly change the strategy if you have a mistake, learn to tune with the market rather than against the market. How can we adjust to the rhythm of the market? Markets are dynamic, whereas what we think based on what we have learned both theoretically and previous experience. Trading is not only analyze correctly but rather on your ability to change the thinking and tactics to respond to market changes.
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