4 Deadly Myths in Trading That Destroy Beginners… Are You a Victim of One?
#Myth_1: "Enter with the break... the market is going to explode"
#Truth:
- 90% of breaks are liquidity traps. The market breaks highs/lows to eat stop orders and then suddenly reverses direction. #Solution:
- Do not trust the break until confirmed.
Closing the candle + appearance of BOS (Break of Structure) on the higher time frame (daily or weekly)
#Myth_2: "A no-loss strategy exists"
#Truth:
- Even Wall Street loses trades; the secret is not in the "magic strategy" but in risk management and accepting losses as part of the game.
#Solution:
- Focus on the Risk/Reward ratio (1:2 or higher); losing 10 consecutive trades does not end you if you win just 5.
#Myth_3: "More indicators = higher accuracy"
#Truth:
- Conflicting indicators paralyze you because market makers leave fake traces to deceive you.
#Solution:
- Learn to read price action + market structure first, then add one or two indicators as support, not as a leader.
#Myth_4: "Technical analysis alone is enough to profit"
#Truth:
- 80% of losses are caused by fear, greed, or arrogance, not a flaw in the strategy.
#Solution:
- Your psychological discipline is more important than any analysis; train your mind as you train your eyes on the chart.
Do not let social media myths waste your time and money; start your journey with a well-thought-out methodology.
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