I have just shared on my blog a new post with the simplest "action plan" to become a consistently profitable trader. Simple, not easy, which is evident from this journal results to date, as I am not there yet.
But in its simplest way, down to bare essentials, I believe it is just this: find and learn the profitable trading system, then execute it with excellence.
Right? Or am I missing something? Yes, psychology, discipline, risk management, broker and costs and market conditions, but all of this is just a "how". Yes, there are many more questions to be answered to be able to just do it, i.e. trade the right system flawlessly and effortlessly.
But in its simplest way, down to bare essentials, I believe it is just this: find and learn the profitable trading system, then execute it with excellence.
Right? Or am I missing something? Yes, psychology, discipline, risk management, broker and costs and market conditions, but all of this is just a "how". Yes, there are many more questions to be answered to be able to just do it, i.e. trade the right system flawlessly and effortlessly.
Michal9