There are all different kinds of strategies and approaches to markets. And they are all great if someone is comfortable with their approach, and if they can consistently rack up winning days, weeks, months, with small draw downs. And that is the key, the small draw downs. There are plenty of opportunities to make money in markets, but there are way more opportunities to lose money. So trying to filter out as much noise as possible is very helpful. And along those same lines, learning and working on quite/very specific high probability “trading patterns” is extremely helpful. Trading is just waiting for our setups, getting out of losers quickly, and doing a pretty good job with taking profits. And when we’re in a trade, don’t go looking around for what anyone else says about that stock or market – just rely on ourselves.
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