Chess vs. Trading
What can be learned from chess and applied to trading?
How to analyze the board (chart) accurately is the first thing.
Failure to analyze correctly usually results in losses in chess and in trading.
While reading, what struck me was while waiting for something to happen before we enter a trade, something is happening!
When I wait for price to go up to the H1 highest open, price is going up.
Why not buy?
Price is going up, going down or not changing.
If it is going down, why am I waiting for it to go up to sell?
If it is going up, why am I waiting for it to go up to sell instead of buying now?
Are false beliefs the cause?
Back to reading.
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade