Forget about everything that “trading gurus” have told you; if you expect trading to be easy, you will quit after a few failures. On the other hand, setting correct expectations and preparing your self psychologically will help you bear through the hardest part of your trading career – the beginning.
That is why I always say that the technical aspects of trading are significant. But without, for example, correct psychology, absolutely any profitable trading system will be useless. I could teach you technical analysis relatively fast. However, you would still fail without proper psychological preparation, mentorship, and many other non-technical aspects of trading.
I stick to the concept of understanding and explaining almost any market movement. There are no coincidences in the market, every price movement has a reason. Yes, it is a bit more difficult than “one simple structure”; however, that is something that will enable you to have a fighting chance at the financial markets. Everything else is just a waste of time.
THERE IS NO ’’SIMPLE’’ PATTERN
As far as technical analysis is concerned, remember, there is no simple “pattern” or “structure” that will continuously make you money. It is a myth and a lie told by too many trading “gurus,” which gives trading a bad name. My concept of trading is very different. I do not stick to one “simple” pattern because it will stop working eventually, and I do not like to lose money.
I am founder of my own Day-Trading Academy where I offer full-blown trading education to all members with life-time access. Every member in my academy will also get access to my trading group where everyone can copy my trades everyday For-Life and generate profits without months subscriptions.