Sustainable Trading in a nutshell:
STOP looking for strategies that work ALL the time. They dont exist. in fact there& #39;s only 1 and it& #39;s called inside trading, and it& #39;s fucking illegal.
Instead focus on strategies that work MOST of the time, and simply trade em with a decent RR.
STOP looking for strategies that work ALL the time. They dont exist. in fact there& #39;s only 1 and it& #39;s called inside trading, and it& #39;s fucking illegal.
Instead focus on strategies that work MOST of the time, and simply trade em with a decent RR.
in fact many of u fuckers already KNO profitable strategies. u& #39;re just not patient enough to see them play out over the long run, so the moment u see a loss, u discard them in search for the "next" strat. All in a vain attempt to avoid losses in a game where they& #39;re inevitable.
A GOOD strategy that shows you a loss doesn& #39;t mean it& #39;s time to discard or tweak it. It& #39;s just basic odds.
You dont discard a dice because you rolled a certain number thrice in a row.
you dont stop betting pocket aces in poker just b/c u lost a round with em.
You dont discard a dice because you rolled a certain number thrice in a row.
you dont stop betting pocket aces in poker just b/c u lost a round with em.
Same w/ trading. Dont sabotage a GOOD strat just b/c it failed a few times. The BEST setups often backfire. and that& #39;s a GOOD thing. If they didnt, they& #39;d have a 100% winrate & would eventually stop working since the fuckers on the other side of the trade would eventually give up
Conclusion, stop chasing the holy grail. There isn& #39;t one. there hare hundreds of strategies in the stock market ALL with a profitable trading expectancy if executed the right way. Pick a few and stick w/ em. stop strategy-hopping each time u run into a loss.
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