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Strategies are tragedies

semperaugustus Aktualisierte 1 Feb. in #Trading #Forex #Strategy #Indicator

Learning the craft of trading also means: setting aside all things that give you false hope. In my blog Leaching other people's hope i make a promise to give back Pandora's box to those who trade without succes and thereby subsidize my wins. But before giving hope back, i need to be sure that this hope has the potential to become reality. So in this blog i'm going to destroy hope in winning strategies. Reason: they do not exist.
Now before you empty your Kalashnikov on me, please read on. I'm no…

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Trade without personal motives

semperaugustus Aktualisierte 22 Jan. in #Trading #Strategy #Indicators #Learn

Ignoring our personal motives is just about the most dificult task life can give us. From breathing to peeing, from having sex to committing murder, it is all about personal motives. Now i don't care why you breathe, pee, fuck or kill, but i do care why you open a trade, because i promised to teach about trading.
Motives to lignore
In my humble opinion key to succes is data. With embracing data as key, we have to rule out all other input that is not data. I mean stupid things like: "this posi…

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Strategies are tragedies

Trade without personal motives