What you said is all true no doubt about it, but the problem really is that its not on the technical aspect that makes most traders failed, its the psychological aspects of a particular trader that make it fail, back testing and demo trading results are difficult to replicate in real trading although at certain point of time you need to pass such stage but the real battle and struggle really is how you control your emotions and how discipline you will be in implementing your trading strategy during trading. Trading is simple yet most traders struggle to be profitable and failed miserably because they cannot implement discipline in their trading. Good strategy and risk management is definitely an important aspect in trading but if your mind is not in the proper order to live harmoniously with the market then a trader will fail repeatedly no matter how hard he will try.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,173 Posts
MA provides the market's current direction and strength.