An Aspiring Trader On The Journey To Pick up The Skill Of Trading!
hi Wealth Journey (nice name!), there comes the question: should aspiring traders master strategy first or psychology first?
I am fully agree with you in the article.
Finally after trading for 6 years, I had developed a system to trade forex and commodities.
Anyone who is interested to know my system can send an email to me at metal.commodity@gmail.com.
My websites:
http://www.CommoditiesTradingPro.com
Investment-News-Update.blogspot.com
AllAboutOil.blogspot.com
http://www.ForexandBinary.com
trading is difficult
in fact trading is the most difficult thing you will learn in life
it is difficult becos it is the sum of all things you will face in life, big n small
the only good news is that, they are identical
once you learned how to solve and handle one (by yourself of course)
the rest will be much simplier n easier.
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The only way to be truely satisfied is to do what you believe is great work and the only way to do great work is to love what you do… - Steve Jobs...read more
Because for all the backtest simulations you runs for all possible permutations of strategies, one thing cannot be mastered… Your psychology.
Once you are confident of your strategy, the moment you get into the market with real money, all your confidence fly out the window ‘coz you have not mastered the psychology part which makes pulling the trigger painful or pulling the trigger too fast..
And then you wondered why ….