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by
Mark Douglas
why bother! If the market is offering you a legitimate edge, determine the risk and take the trade.
you don’t have to know what’s going to happen next, and that even trying to know will detract from your ability to be objective or to stay in the moment.
Usually, it takes years of extreme frustration before people begin examining their beliefs as the source of their difficulties.
the more you think you know, the less successful you’ll be. Trading is hard because you have to operate in a state of not having to know,
mistakes simply point the way to where they need to focus their efforts to grow and improve themselves?
“I am a consistently successful trader,”
consistency is a state of mind that, once achieved, won’t allow you to “be” any other way.
I AM A CONSISTENT WINNER BECAUSE:
The instant you either decide or assume you know what’s going to happen next, you will automatically expect to be right.
all the typical trading errors
“The trend is your friend.” It means that you have a higher probability of success when you trade in the direction of the major trend, if there is one.
You do it because you believe that skill acquisition and practice will help you win.