There are ii types of traders:
One looks for patterns in addition to relationships that volition lead house universally in addition to trades those consistently over time.
The other looks for stable periods inwards markets in addition to trades the patterns in addition to relationships that typify those regimes.
For the commencement trader, trading psychology is all most consistency in addition to maintaining a consistent mindset.
For the minute trader, trading psychology is all most flexibility, creativity, in addition to adapting to changing conditions.
One is a rigid tree; the other is bamboo in addition to willow.
The rigid tree has a difficult torso in addition to looks strong. It breaks when the current of air blows hard.
Bamboo in addition to willow hit got no torso in addition to hold off frail. They curvature alongside the current of air in addition to don't break.
There is a distinct regime inwards the electrical current market. There are patterns in addition to relationships playing themselves out alongside regularity.
How is your P/L? Are you lot the "strong" in addition to rigid tree, or the "weak" in addition to flexible reed?
One looks for patterns in addition to relationships that volition lead house universally in addition to trades those consistently over time.
The other looks for stable periods inwards markets in addition to trades the patterns in addition to relationships that typify those regimes.
For the commencement trader, trading psychology is all most consistency in addition to maintaining a consistent mindset.
For the minute trader, trading psychology is all most flexibility, creativity, in addition to adapting to changing conditions.
One is a rigid tree; the other is bamboo in addition to willow.
The rigid tree has a difficult torso in addition to looks strong. It breaks when the current of air blows hard.
Bamboo in addition to willow hit got no torso in addition to hold off frail. They curvature alongside the current of air in addition to don't break.
There is a distinct regime inwards the electrical current market. There are patterns in addition to relationships playing themselves out alongside regularity.
How is your P/L? Are you lot the "strong" in addition to rigid tree, or the "weak" in addition to flexible reed?
Further Reading: Controlling Emotions Is Not The Goal Of Trading Psychology
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