Normal
That is true. But, what about the controlled miss and hit? I`m not talking about controlling the market, but oneself. A lot can`t do it, or don`t know how to do it.There are no numbers to work with; maybe paper trading info but they are not numbers, just results - not to be trusted fully.It helps if one has weak psychological biases to deal with.Compounding is very important to wealth creation.I agree.Discretionary traders have convictions and price discipline - they know their system, what drives the market and their psychology. They are happy to hit and miss.
That is true. But, what about the controlled miss and hit? I`m not talking about controlling the market, but oneself. A lot can`t do it, or don`t know how to do it.
There are no numbers to work with; maybe paper trading info but they are not numbers, just results - not to be trusted fully.
It helps if one has weak psychological biases to deal with.
Compounding is very important to wealth creation.
I agree.
Discretionary traders have convictions and price discipline - they know their system, what drives the market and their psychology. They are happy to hit and miss.
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