My Question to every trader or Especially Technical Traders who trade based on Technical indication , i always ask them one single Question
" do you see a pattern you recognize " ??
surprisingly 90 % people have no answers , the reason is simple their Understanding towards the technical studies is far less then the required to Trade Live account
Most do not understand even the Trend is up or down , still they try their luck , which i call cost of their negligence Yes they are all paying to market by taking loss
is cost of their own negligence ,
Market is simple my friends but human mind is complex , human mind thinks they can control the out come in the stock market , which is having very less survival rate
What you need to understand is that You can not control the out come of your trades , but you can control your losses , You control your Approach
You can control your randomness ,
So what exactly these losing traders Need in their trading profession ??
The answer would be a Systematic approach that gives you an edge in the market where you are very much certain about your loss but when your method proves
you are correct the Gain becomes unlimited , every successful trade with limited loss and potential to gain far more then then the calculated loss is always batter Option
My friends Learning the correct method can put you in better conditions then the current losing trades ,
I hope this message will open your eyes and will lead to proper understanding in the market
Good luck