presumption

Don't reduce the probability (about the percentage of successful traders)

“How many novice traders succeed?” – asks a potential trader from a group of hardened experts. “Of those 40 %, who will survive more than a year, only one or two percent will learn to consistently make a profit”, – answers the head of one of the largest brokerage companies. “Approximately five of 100 – in my experience”, – notes a leading trader of a large hedge fund. We at Innerworth discovered, what less 25 % hold out for at least six months. Looks like, many will agree with this: If you plan to engage exclusively in trading, probability against you. Here are some ways, by which newly converted traders can avoid common mistakes and conquer probability.

Presumption: it's hard to break old habits

Presumption – one of the most common psychological problems of traders. All people are prone to arrogance, but for some, it may reflect deep psychological conflicts.. Sometimes, but, presumption – just a matter of how difficult it is to break old habits. It happens, trading strategies are executed by us “too automatic”, even if their rules are not quite correct. Sometimes it is necessary to learn different behaviors or “relearn” Trading. It is vital to hone your trading skills this way., so that you can make transactions freely and intuitively. Thinking is limited, and with practice, you can do many tasks at the same time and “to expand” thinking framework.

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