Re: With good psychological behaviors can one remain consistent with random signals?
With the right psychological mind set can a trader make it with just random signals rather than spending too much time understanding all about technical and fundamental analysis?
I've been wondering how some traders suddenly become consistently profitable in a very short length of time compered to others. Some 2 years, some even in the first year with simple basic technical strategic Ideas while some spend 5-6 years or even more before becoming consistently profitable. And some are even making it with just copy trading systems.
Does it mean one could become consistent in the market learning just a few trading tips with well structured psychological behaviors?
What brings about consistency? Good psychology or years of experience. What do you think
I would rather prefer the other one on which you would really be needing rather on having that understanding and own analysis in regarding TA+FA on which this is much more worth rather thanI've been wondering how some traders suddenly become consistently profitable in a very short length of time compered to others. Some 2 years, some even in the first year with simple basic technical strategic Ideas while some spend 5-6 years or even more before becoming consistently profitable. And some are even making it with just copy trading systems.
Does it mean one could become consistent in the market learning just a few trading tips with well structured psychological behaviors?
What brings about consistency? Good psychology or years of experience. What do you think
on spending your time on following some random signals that you do see or hear of. Why? Just like on what those people been saying above that when it comes to signals then it would neither be
that totally having no analysis applied or simply random and intuition and to those who do have which you could really actually make on your own. I would rather prefer on having that loss of profits
with my own methods and ways rather than on following someones calls and analysis which it would really be leading out some regret.
On the moment that you would really be using on your own then you would really be making your trading knowledge and analysis way more better as you do go forward
on which this is something a skill that cant really be taken away from you, plus you would really be that making yourself that lot more better and could stand alone without
relying on someone on the moment that you would be making up trades.