#TradeStories
4 Deadly Myths in Trading
1️⃣ Myth: "Enter with the breakout... the market is going to explode"
The Truth:
90% of breakouts are liquidity traps!
The market breaks highs or lows to hunt for stop orders... then suddenly reverses direction.
The Solution:
Do not enter until confirmation:
Close of a candle
Appearance of BOS (Break of Structure) on a higher timeframe (daily/weekly)
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2️⃣ Myth: "A no-loss strategy exists"
The Truth:
Even Wall Street loses trades!
The secret is not in a magic strategy but in risk management and accepting losses as part of the game.
The Solution:
Focus on a R:R ratio of at least 1:2
Losing 10 trades is not the end of the world if you smartly win 5.
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3️⃣ Myth: "More indicators = higher accuracy"
The Truth:
Too many indicators confuse you and paralyze your decisions.
Market makers deliberately leave false signals to mislead you.
The Solution:
Start by reading price action and market structure
Then use one or two indicators as support only... not as the main guide.
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4️⃣ Myth: "Technical analysis alone is enough to profit"
The Truth:
80% of losses are caused by:
Fear
Greed
Arrogance
And not a mistake in analysis
The Solution:
Your psychological discipline is more important than any analysis...
Train your mind as you train your eyes on the chart.
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Conclusion:
Do not let social media myths waste your time and money.
Start your journey with a well-studied methodology.