Why does trading have to be made so complicated? That's what I often think.
Many traders use sophisticated tools, this indicator and that, until the charts are full of colors. But it's strange—when the candle is slightly green, they immediately close it. Conversely, when it's red, they hold onto it anxiously, hoping it will bounce back.
A classic mistake that often happens: we all think more tools = more accuracy. The reality? It actually causes confusion and emotional reactions. When profits are small, we immediately secure them (FOMO about losing), but when there's a loss, we hang on (hoping for a reversal).
The point is, trading isn't about how complicated the strategy is, but how consistent the execution and discipline in sticking to the plan are. The colorful charts are just noise—what matters is a solid mindset and risk management.
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Why does trading have to be made so complicated? That's what I often think.
Many traders use sophisticated tools, this indicator and that, until the charts are full of colors. But it's strange—when the candle is slightly green, they immediately close it. Conversely, when it's red, they hold onto it anxiously, hoping it will bounce back.
A classic mistake that often happens: we all think more tools = more accuracy. The reality? It actually causes confusion and emotional reactions. When profits are small, we immediately secure them (FOMO about losing), but when there's a loss, we hang on (hoping for a reversal).
The point is, trading isn't about how complicated the strategy is, but how consistent the execution and discipline in sticking to the plan are. The colorful charts are just noise—what matters is a solid mindset and risk management.