Real trading is more than trying to win all trades, or having perfect trades.
Being profitable in trading is a puzzle and as long as it is not complete it cannot be profitable constantly, everyone builds their own puzzle.
This puzzle in my perspective has these pieces and more
-Good technical analysis
-Operating understanding (how numbers work in trading, why it works)
-Money management
-Psychological training
-Diversification (to be a good investor, let's look at each investment as a trade)
-The knowledge that the market is a predatory beast where everyone is hunting and if you are not hunting, you are the prey
Glad to share
Being profitable in trading is a puzzle and as long as it is not complete it cannot be profitable constantly, everyone builds their own puzzle.
This puzzle in my perspective has these pieces and more
-Good technical analysis
-Operating understanding (how numbers work in trading, why it works)
-Money management
-Psychological training
-Diversification (to be a good investor, let's look at each investment as a trade)
-The knowledge that the market is a predatory beast where everyone is hunting and if you are not hunting, you are the prey
Glad to share
Comment:
Comment:
EURCAD -1%
NAS100 +8%
USDJPY -1%
GBPUSD -1%
EURGBP -1%
Total = +4%
even with low win rate strake, profit can be made
NAS100 +8%
USDJPY -1%
GBPUSD -1%
EURGBP -1%
Total = +4%
even with low win rate strake, profit can be made
Comment:
25.5% up this year