- If you're afraid o...from happydailypayouts

- If you're afraid of losing money, reduce your risk. - If you're afraid of risk, think in probabilities. - If you're afraid of missing out, backtest your system more. Fear is just an illusion. #OPINIONLEADER# #Todayanalysis# #BeginnerTrader# #mytradingstory#

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To be a winning trader, you’ll need this one thing… Here’s a clue: • It’s not technical analysis • It’s not price action trading • It’s not trading psychology It’s this… Your trading strategy must have an edge in the markets. You’re probably wondering: “What does this mean?” Well, here’s an example: Let’s say I make a coin-toss bet with you. • Every time the coin comes up heads, you win $2. • Every time the coin comes up tails, I lose $1. In the long-run, who will win? You, of course! Why? Because you have an edge over me. And this is the same for trading! You must have an edge in the markets because without it, nothing else matters. You’re thinking: “But how do I find an edge in the markets?” The easiest way is to leverage the work of other traders, so you don’t have to reinvent the wheel. So, go and read trading books that contain trading systems with backtested results. (Based on my experience, these trading systems have a good chance of working in the live markets.) Then, take the concepts of these trading systems and validate them on your own so you know whether it works, or not. #OPINIONLEADER# #Knowledge#

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There are no perfect entries: Breakouts may fail Pullbacks may never come Confirmation may be too late Pullbacks may become a reversal But the good news is this, you don't need perfect entries to make it as a trader. #OPINIONLEADER# #mytradingstory# #BeginnerTalk# #strategy#

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