Trading is difficult. Setups are easy.
If you are a newbie trader or veteran, you know that trading is difficult. It always seems like when you buy anything in the markets the price instantly goes down. Losing money is painful and when the pain is too much, you panic sell trying to save the little money that is still there. You sell at the very moment it bottoms. After selling, the market magically turns around and you are out of your trade; watching the price move back up. The price keeps moving higher and higher and you jump back in due to FOMO. And as soon as you jump back in the price instantly goes back down!
We have all been there. The market is a slippery salmon always trying to escape from you and take your profits away. This does not have to be the case. Take a break for now. Read and learn. Start sharpening your axe. Be ready to ride the markets when you are feeling better.
Start by checking out this free eBook Fountain of Gold by legendary trader Munehisa Homma aka God of Markets; the creator of the candlestick charting system that you see in most trading platforms.
The book contains knowledge and insights that still applies to modern markets. This is because human behavior never changes -even after hundreds of years. Start reading about what the greatest trader of all time has written about the markets.
If we had the Holy Grail to making profits in the markets, we would NEVER tell you or SELL it to you. NOBODY would.
Why would they? Think about it. If you found a buried treasure, would you shout out to everyone the location of that treasure? No. You wouldn't. The truth is trading is extremely difficult. Most successful traders keep their secrets to themselves.
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