Identifying problems

Identifying problemsLeçon 4 sur 94 min de lecture

Nobody to blame

The market owes you nothing, every loss and every mistake is yours, and accepting that is where the fixing starts.

One of the emotions from the last lesson blocks the whole method. It has to be dealt with before the rest.

The market owes you nothing

The market does not know you are in a trade. It does not know what you lost last week or what you need this month.

It is not against you and it is not for you. Price moves, and your position either agrees with it or does not.

There is nothing personal happening on the chart.

Every loss is yours

You chose the trade. You chose the size. You chose the stop loss, meaning the price where a losing trade closes.

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