The Principles of Successful Trading
Over many years of trading, I've found certain principles to be true.
Understanding and using basic principles provides an anchor of sanity
when trading in a crazy world. Whenever I find myself under stress,
questioning my judgment or my ability to trade successfully, I pull out
these basic trading principles and review them.
Don't Try to Predict the Future
When I started trading I used to think that there were experts and geniuses out there who knew what was going to happen in the markets. I thought that these traders and market gurus were successful because they had figured out how to predict the markets. The hard truth about trading is Predict and Perish. As a trader I will make money
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Don't Try to Predict the Future
When I started trading I used to think that there were experts and geniuses out there who knew what was going to happen in the markets. I thought that these traders and market gurus were successful because they had figured out how to predict the markets. The hard truth about trading is Predict and Perish. As a trader I will make money
Continue Reading
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