2)Linkon:
First thing u have to accept the fact that making money from the market consistently is not easy. Its easy to get a winning trade but getting consistent is a lot tougher than most people like to believe.
Most people think its all about getting a good system and then developing discipline to follow that system. Thats the second disappointment as execution is always poor and tendency is to fight the market. If market is up 100 points u want to short the market and u find reasons to short from the chart always on regular basis. Somehow they all hit sl.
Itdoesnt work that way. It never has and never will. Accepting uncertainty and getting rid of the need to be right all the time is the first sign of maturity. Thats a level when u realise how difficult things really are. Once u over come this phase, u realise the importance of market structure and listening to the market. What it wants to do and how good a job it is doing in trying to do what it wants to do... that's the first time u feel u are in sync with the market. Now your old system that gave continuous losses suddenly becomes a big win generator.
Its a long long journey. very few survive...! but totally worth the trouble and pain...!
Linkon7
First thing u have to accept the fact that making money from the market consistently is not easy. Its easy to get a winning trade but getting consistent is a lot tougher than most people like to believe.
Most people think its all about getting a good system and then developing discipline to follow that system. Thats the second disappointment as execution is always poor and tendency is to fight the market. If market is up 100 points u want to short the market and u find reasons to short from the chart always on regular basis. Somehow they all hit sl.
Itdoesnt work that way. It never has and never will. Accepting uncertainty and getting rid of the need to be right all the time is the first sign of maturity. Thats a level when u realise how difficult things really are. Once u over come this phase, u realise the importance of market structure and listening to the market. What it wants to do and how good a job it is doing in trying to do what it wants to do... that's the first time u feel u are in sync with the market. Now your old system that gave continuous losses suddenly becomes a big win generator.
Its a long long journey. very few survive...! but totally worth the trouble and pain...!
Linkon7
Nice Post! Linkon's a Gem. Just less conspicuous.
