The biggest taboo in trading is having the mentality of "wanting this, and that, and also this, and also that, and preferably even more".



I've previously talked about the most typical "left brain vs. right brain" struggle among retail traders:

You want the price to immediately move away from your entry as soon as you open a position;

You also want the price to pull back right after you take profit;

You want the market to rebound right after you add to your position during the pullback;

You also want to perfectly take profit at the top;

And ideally, you want to be able to immediately go short and repeat the whole process flawlessly.

This way of thinking sounds great, but it has absolutely no basis in reality in the market.

To put it more simply: the essence of trading is making decisions amidst noise. What you can do is manage the noise, not eliminate it.

If you insist on demanding a "perfect path" from the market, you'll always be devoured by the noise.
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GateUser-ef486ee6vip
· 12-04 01:54
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