The Probability

30.10.2018
00:41
Comments Off on The Probability

Money is too important to them. Yes, we live in the real world and must pay the bills, but psychologically it should be separated from the trade and the actions that we perform. Trade is much more profitable and exciting when you do not focus on money. And trade is much more than simply making money. Without hesitation Oracle explained all about the problem. You define a bargain and when you see a graphical model or trading opportunities, you conclude a deal – easily, without hesitation, with good feel. You are working correctly trading, and money come themselves as a reward for a job well done. What separates the winning trader from the losing trader? More knowledge, greater account size, better computer or a faster connection? All of the above are very important but not decisive. Ability to act – that's what's really important.

But here we have another conflict. Intraday price patterns are formed very quickly and require a disciplined, involuntary reaction to the trading signals. The disadvantage of feeding real-time data is that This forces the traders to exceed the permissible trading regime. Constant changes in prices and indicators provoke action. Each trader, trading on intraday time intervals, is faced with need to make decisions about, or respond quickly to receive signals or remain on the sidelines when he really should not conclude a deal. Another problem is that you do not take any action at all, even when the signals are telling you that the probability of leaning in your favor. Do not take action simply means that you avoid entering the market.

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