https://butterboy.wordpress.com/2006/09/04/dont-make-trading-harder-than-it-is/
The essence of trading is this, and why trading is hard work.
"Expert traders don’t know where the market will go, expert traders just take setups that have worked before and know how much to lose on a particular trade"
The essence of trading is this, and why trading is hard work.
"Expert traders don’t know where the market will go, expert traders just take setups that have worked before and know how much to lose on a particular trade"
3 elements: Uncertainty in direction, calculated risk and working setup.
Always remember and aplly this in your trading, you're a trading rockstar sooner or later.