Hundreds of books have been dedicated to this question, hundreds more threads have discussed it and analyzed it, everybody knows what it is, and yet, the majority of traders still lose. The answer boils down to just one thing around which everything else will, given time, fall into place. The reason we lose is that we ignore it, and we ignore it because it runs counter to human nature, for we humans are especially prone to over-complicating things and failing to see the wood for the trees. Such an approach to the markets is usually fatal. As Einstein famously quoted - " Out of complexity, find simplicity "
And now I must go and do some gardening before the wife kills me, so whilst I'm gone, perhaps one or two of you can posit some proposals.
And now I must go and do some gardening before the wife kills me, so whilst I'm gone, perhaps one or two of you can posit some proposals.