Friday, March 13

The Four Mistaken Beliefs of Traders

ODDS ARE AGAINST YOU BEING A SUCCESSFUL TRADER

Sorry to burst your bubble but failure is the highest probable outcome for most in this business. Failure doesn't come because the markets are "rigged" or the belief that "they" are monitoring your odd lot trades to take the other side only to cause you pain in some nefarious conspiracy. No, the reason most people fail at trading comes from within.
Here are four of the most common beliefs of new traders that I've seen.

THE MARKETS ARE EASY

From the expectation of bouncing from trendline support or market is overbought should correct, Making millions doesn't get much easier than that, right? The only thing easy about the market is losing your trading capital.
The markets are not easy. What would you think if fresh MBBS graduate doctor will like to conduct surgery on you first time ? If you came into the markets thinking it's easy to make money you're wrong. Perhaps you were naive and you've had some success, great! Howeve


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