Monday, November 07, 2016

Bad Information Leads To Bad Trades

Most of the trading content you read on social media is garbage. Sure some blogs are good, but most are bad. Yes some tweets are mind-bending, but most are worthless.

You know this and have an inkling of what is good and what is garbage. The problem is it all goes in your head, stays there and mucks with your emotions.

Pretty soon you are no longer patiently waiting for setups. All that bad information that you can not unlearn mucks with your analysis and your emotions, and a bad trade is made.

Bad information leads to bad trades.

Create process that lead to good information. Good information pays it forward to good trades.




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3 comments:

Aeldra Robinson said...

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aditi said...

Traders should not panic and start practicing false trading . They can wisely seek advise from Financial Advisory Services providers to improve their performance in stock market.

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