Quote:
Originally Posted by ZN6
|
all the advice above is good, but what you should really be doing is training to control your impulse and emotions. If you can do that, the rest is easy.
if you can't control your impulse or emotions, it doesn't matter what you think you know. you'll just keep doing that picture ZN6 posted.
learn to plan the trade, plan all outcomes, and all reactions to all outcomes, and then execute based exactly on that plan, and if something happens you didn't plan for, you just get out.
You cannot plan while in a position, you're biased and delusional while holding a position, all the planning has to be done beforehand... and like i said, executed exactly as planned.
that's really all there is to trading, a kid could do it. but most people turn crazy like ZN6's pic.
it's quick money yeah... no one said it was easy money.