Is trading mostly psychology? Just thoughts.
The craziest thing to me about trading is that so many traders will interpret the same exact chart in so many different ways. Some traders will buy and some will sell with both traders closing at a lost.Why does it happen well it could be many different reasons, but I bet the main reason came down to not handling your emotions.The first trader could have been desperate to make money so he didn't wait for the right setups .The second trader might have had a good entry but was way over leveraged and one small move to the wrong side could have caused a losing trade.Being desperate to make a lot of money fast maybe the reason why so many traders lose money. Comment below any thoughts you may have I am also looking forward to learn.
"The stock market is a device for transferring money from the impatient to the patient." – Warren Buffett
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"The stock market is a device for transferring money from the impatient to the patient." – Warren Buffett
Trader Essentials from Amazon
1. amzn.to/2Vn1xG0 -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to/2VTvHzW -Encyclopedia of Chart Patterns
3. amzn.to/2PTJ7a0 -Apple MacBook Pro
4. amzn.to/2HaZGeR -OLLY Goodbye Stress Gummy,
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