Quote:
Originally posted by autofx
I don't think we should make "lack of emotional control" the sole possible scapegoat here.
If you say so, but it's a major reason people fail at trading.
Not thoroughly thinking through strategies, not backtesting them,
not making sure one can execute them consistently -- OK, blame
lies there too.
BUT, I submit that many traders are trying to execute what should
be winning systems, but cannot do so profitably because of their
lack of mastery of self.
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Oh, I agree it's definitely a major reason why most people fail at trading, especially when first learning. I wasn't saying it's not, just that it's not always the only reason.
Good Trading,
Sundance