https://www.youtube.com/@DayTradingAddict
BeatlemaniaSA wrote: Thu Aug 31, 2023 5:05 am Hi RollerAndTrading,
You are NOT stupid bro! It is our psychological makeup that makes trading so challenging for us and wires us to failure. It is NOT the trading system that is causing us trouble or our perceived inability to learn it or other aspects of trading. It is our lack of focus, patience and discipline that causes us to fail.
It is our reluctance and failure to ALWAYS follow our trading system rules. Chasing trades, suffering from FOMO and speculating where the trade is going rather than trusting the system. Over-trading, desperation trading and worst of all revenge trading!
Look at the two extreme traders here on Forex-Station:
@Meyney who is extremely successful trading just pure price action and
@Xard777 who is extremely profitable with his Xard Universe system (consisting of repainting indicators, moving averages, coloured zones, and many other indicators)
Both of their methods of trading work. However, what separates them from the rest of us is their steadfast discipline, patience and commitment to stick to their trading rules WITHOUT fail!
So yes, go ahead and learn the system in great detail but MOST IMPORTANTLY learn about yourself and what makes you tick. What type of person are you? Do you lack focus, discipline, and patience? Go and study methods to help you improve in those departments!
You'll be amazed once you improve yourself all the tools at your disposal become easier and simpler to use.
Wishing you success in your trading. Set yourself the goal of making your trading fun and enjoyable no matter what!
Warmest regards,
BeatlemaniaSA