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What separates amateur traders from the pros? How did you know you finally got it?


The consistency you seek is in your mind.

Go ahead and learn as many concepts as you want.

Jump from holy grail to holy grail.

Put all that lipstick on your chart to try to get some inkling of unobtainable certainty.

Until you fix up your mind, nothing with work.

Not many amateur traders are willing to have this talk with themselves.

Novices jump from strategy to strategy, they flood their charts with a bunch of complicated technical analysis. Most of them are desperately searching for that certainty.

They will deny it all day.

But your actions don’t lie.

Because if they obtain that certainty, they find that secret holy grail, they will have no more overall losses and just wins from that point forward.

If you can avoid losing, you can avoid having your ego bruised.

People can’t stop being wrong.

And as a trader, you are essentially a professional loser.

So you better get used to it.

Find a simple edge and after you master that, most of your focus should be put on managing risk and your psychology.

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