What Works and What Doesn’t
Traders are many success using a variety of trading methods. However, there is a much larger number of traders who fail to produce consistent profits in the markets. I would estimate the percentage of successful traders about the same as in other professions such as theater, music, sports, etc. Many are called but few are chosen. Over the years I have formed some opinions on why trading is so difficult for so many. Most traders that I meet are smart. They have been successful in other careers. They are usually hard workers and devoted much time and energy to their trade. Yet most of these traders move from one method to another without ever finding something that works for them. Continue reading 'What Works and What Doesn’t'»