Amateur retail traders tend to think that the professional trader or Institutional investor have
some sort of secret knowledge/system that enables them to make huge
profit in trading. However, the difference between a retail traders
trying to make consistent profit and a professional traders zeros down
to the trading mindset and trading psychology.The difference between
success and failure for a trader is wafer thin, Lets elaborate with an
example
Let us give you an example of what we mean. A relatively
new retail trader is given a profitable trading system having a trading
strategy with proper stop loss and target and the trading system
delivers an average success rate of 60%. The retail trader is exited
that he has finally found something that will ensure his success. Over
the
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