It is the most common plague among amateur traders: "Focusing on the wrong things". Amateur traders are too busy focusing on things that are not beneficial to their trading.
As a trader, we have to sink this in your trading philosophy and trading psychology; If it doesn't help our trading in anyway, get rid of it. Do not waste the time and energy focusing on it.
For example taking a trade purely on fundamental news and getting whipsawed by market volatility. As a trader we have to understand t…
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