We always fight our hidden demons, weaknesses, 'know it better', FEAR & GREED. Those two plus one's EGO can lead to self destruction of a trader. Big leverage, rush and greed will put you crying in a fetal position one day and it's not a pleasant experience.
Slow and steady, and capital preservation will do miracles to your account over time. What's most important is to look back and see what went wrong or what worked and always seek improvement.
You can show a 10 year old kid a method and he/she will make more money then 80% of the people out there. Because a 10 year old won’t have emotional attachment with money like traders do, as such he/she will have no fear or greed and will trade what they see. Once you add greed, fear, ego & emotion people trade like crap.
Slow and steady, and capital preservation will do miracles to your account over time. What's most important is to look back and see what went wrong or what worked and always seek improvement.
You can show a 10 year old kid a method and he/she will make more money then 80% of the people out there. Because a 10 year old won’t have emotional attachment with money like traders do, as such he/she will have no fear or greed and will trade what they see. Once you add greed, fear, ego & emotion people trade like crap.
