If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition
numbers game. We use market analysis to identify the patterns, define the risk, and determine when to
take profits. The trade either works or it doesn't. In any case, we go on to die next trade. It's that simple,
but it's certainly not easy. In fact, trading is probably the hardest thing you'll ever attempt to be
successful at. That's not because it requires intellect; quite the contrary! But because the more you think
you know, the less successful you'll be.
If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognitionnumbers game. We use market analysis to identify the patterns, define the risk, and determine when totake profits. The trade either works or it doesn't. In any case, we go on to die next trade. It's that simple,but it's certainly not easy. In fact, trading is probably the hardest thing you'll ever attempt to besuccessful at. That's not because it requires intellect; quite the contrary! But because the more you thinkyou know, the less successful you'll be.
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