• THC 7453 thc

      You do not need to know what the market will do next in order to make money

      As a trader, it’s important to remember that bias is not a constant and that having a bias towards the direction of the market can be a risky and unreliable strategy. Instead, successful traders focus on executing their statistically proven strategies flawlessly whenever an opportunity presents itself, regardless of whether the market is trending up or down.

      This means that traders do not need to know where the market is going next in order to make money. They simply need to be able to recognize when an opportunity presents itself that aligns with their trading plan and execute their strategy flawlessly.

      Bias is different to actual trading and making money, understand the difference between the two.

      **Bias is not a constant. I don’t care where the market is going, I just need to know where the market is going whenever my statistically proven edge tells me so.**

      شیلا, Mahila و 5 others
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