🐹Trading is a highly competitive and volatile environment that attracts people from different walks of life. The main question that arises in the trading industry is what contributes more to a trader’s success – work, luck or both? 👧🏼Work or hard work is an essential component that contributes to a trader’s success. Successful traders spend endless amounts of...
About bad luck and downtimes in trading. Let's discuss the downtimes that traders may face. While everyone experiences them, some traders can maintain a calm mindset, while others may collapse under the pressure. What sets them apart? As I mentioned in my previous articles, trading involves risks, much like gambling. If you're seeking a risk-free investment,...
In this screencast, I review my ideas on luck, chance and risk. I do not depend on luck, hope or targets in my trading. This has appeared rather strange to some I've been in contact with recently. I say that sensible trading for consistent profitability cannot depend on luck. Yes - it involves taking carefully risk-assessed chances and controlling loss. I...