Don't enter a trade unless you know you're going to make money,...

  1. 76 Posts.
    Don't enter a trade unless you know you're going to make money, or at least have a very good chance of same.

    It might sound flippant, but not meant that way. That's the only light I can shed on trading.

    Try not to equate sophistication in trading with success. Try not to be awed at wordy technical explanations of indicator x y or z. It's only "% return pa." that counts, not the 1000-word essay justifying why this trade will be profitable. I follow some people in here (HC) who have a good track record. Most of them don't have hearts.
 
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