DislikedI realized that "traders" just make trading harder than it needs to be... it is all psychological. 4for4, you are probably the only person I know that trades similar to me (given that I just made this account and only opened one thread, I'm sure there are more traders out there that trade like us ). I do not know how to put this in a simpler context but BIG MONEY LEAVE TRACES BEHIND... follow the traces. ANTICIPATE. You must anticipate... otherwise you are purely gambling. If you do not have an idea of where you want to buy/sell, you...Ignored
I love it when people said that trading is similar to gambling ... and here's my reply:
Let's say we are about to play a random 50/50-chance game for a session of 20 rounds, e.g., head-tail, big-small, or others. Instead of working our brain-emotions-&-guts to the fullest on each round trying to guess the next outcome, why don't we just pick a side and play that side for 20 rounds ... At the end of the session, only 3 things can happen: breaking even, winning (but won't double the stake), or losing (but won't lose all the stake) ...
And that's how to play a random 50/50-chance game. But what if somehow we know that the game is a little bit bias to a side, wouldn't we play that side all the way?
Well, good news to all traders: Although the market is seemingly random (especially true in lower timeframes), it's actually bias to a side most of the time. The problem is that the bias can change anytime unexpectedly. This is where patience comes in. The patience to wait until we can see the bias more clearly before proceeding ...
Thus, know the ongoing trend beforehand by identifying it from higher timeframe charts ... Good luck to you all
Market is not random but unpredictable
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