Hello binancians, nice to greet you.
I have been in the trading world for about 2 years, so I still consider myself somewhat of a novice, in continuous learning. During the experiences I have lived through during this time, I have realized that the most important thing to achieve success and consistency in trading is the psychological aspect, emotional state, and attitude. That is why today I am going to share a quote from my friend Mark Douglas, taken from his book Trading in the Zone.
To reduce emotional risk, it is necessary to understand and assimilate the following:
1. In the market, anything can happen.
2. It is not necessary to know what will happen to be profitable.
3. There is the same probability of having winning and losing trades.
4. Technical analysis is only a prediction that increases the likelihood of something happening at some point.
5. In the market, every moment is unique.
I can tell you that in my experience I have not yet reached the goal, but we are still moving forward. Do not get discouraged, study, and work on your mind. Tell me about your experience.
We will meet in my next post.
