Awareness is the key to high performance. Top performances are thoughtful and completely aware of what it takes to perform skillfully.
When traders are unaware of how low their skill level actually is, they are likely to think that they are victims of bad luck. In reality, however they merely have the wrong perspective. They may think trading is easier than it is. They may trade a small trading account and expect miracles. They may trade by the seat of their pants instead of formulating sound trading plans and following them. They may think that profitable trading setups will just fall in their lap, rather than spending time searching for those rare moments when huge profits can be taken from the market.
Trading is not something people can learn in a short time. It takes years to fully understand the complexities of the market. Market conditions change and the only way you can stay ahead of the game is to be a curious student of the market who continually develops his or her trading skills until long term profitability is realized. So, what’s your current status, please share your opinion here……….