DislikedHi, Can someone please explain to me why this trade went south for my learning? I closed out this demo trade with a loss. Many thanks John {image} {image}Ignored
Hi
With hindsight I can tell you tons of bullshit why it went 'south'
I always remember these:
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
2. You don’t need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of
variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.
5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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