What a great thread. Here is is my two pennies worth, or £2m worth depending how you see it
Knowledge is only power if you tactfully use it and dont let get emotions get the better of you.
Have been involved in educating traders for ten years and in that time i have found that emotional attachment to trading can be a killer to the traders business
Many people have tried to remove the emotional attachment, by using robots and indicators, but unless they have created them themselves how on earth can they know they are valid and they actually work. And they cost money and take time to create
I set up a challenge to myself three years to do this myself in a much easier format and now i trade entirely automated using a simple system that actually does what its intended to do.
I work on a principle on selling the highs and buying the lows, and created some alternate versions of indicators to determine these points.
Now i dont get it right every time no one can, however there is zero emotional attachment to trades and I am able to focus on my own life and my precious day to day activities.
I hope that is of value , either 2 pennies or £2m , i let you decide
Knowledge is only power if you tactfully use it and dont let get emotions get the better of you.
Have been involved in educating traders for ten years and in that time i have found that emotional attachment to trading can be a killer to the traders business
Many people have tried to remove the emotional attachment, by using robots and indicators, but unless they have created them themselves how on earth can they know they are valid and they actually work. And they cost money and take time to create
I set up a challenge to myself three years to do this myself in a much easier format and now i trade entirely automated using a simple system that actually does what its intended to do.
I work on a principle on selling the highs and buying the lows, and created some alternate versions of indicators to determine these points.
Now i dont get it right every time no one can, however there is zero emotional attachment to trades and I am able to focus on my own life and my precious day to day activities.
I hope that is of value , either 2 pennies or £2m , i let you decide