Quote from: jeraldskie11 on June 10, 2024, 04:33:13 PM

I learned different strategies, but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100%-win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.

Some traders change strategy when they see maybe another trader using a different strategy from their own and making more money than them from their own perspective. They think maybe their strategy that is already favoring but not bringing enough money like their core trader is not the best strategy to use. Some of them don't know that one strategy cannot favor one person.

It is better for a trader to have one strategy so he will not be losing all the time, but when he or she uses one method to trade, definitely he or she can be able to master the strategy, knows in and out of the method, and won't lose too much, like when he or she changes his or her trading strategy all the time.

Quote from: arwin100 on Today at 11:22:34 AM

They just can't handle the risk and can't afford to lose their money that's why a lot of people got afraid to trade. This indicate that trading is not really for all since not everyone can handle the market unpredictability and also can't handle the stress so its not surprising to see people hate to trade again then shift their attention to other things which they think that better than trying out their luck on things they are not really so sure.

Trading is for strong person which is good to handle their emotion and finances since if they don't have this trait then I expect that people will lose in trades especially if they are a type of person that easily carried out other people statement and cannot do good decisions for their selves.

especially greed. Once you know that you are a greedy person, then trading is not for you. I know that trading has many challenges that are not easy to get rid of, and that is why it is not for everyone. trading is something that even after learning the whole process and the technical analysis, the trader must avoid many things before he can trade, so trading is not for everyone.