Author: Lawrence

An interesting video on learning.

This is an interesting concept worth exploring some more. To be specific, I wonder if it is possible to break down the core elements in trading into parts that newcomers can learn more quickly and effectively.

One thing I know for sure though is that blank staring at the computer screen is not training yourself to understand a market. That does not contribute to your 10,000 hours to become an expert in trading unless you really focus and pay attention to what you are observing.

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Ms. Heffernan’s presentation teaches us, traders, one important thing to always remember – don’t be that 85% wilfully blind crowd, ever.

Sometimes, especially when you are trading a macro idea, that your position would not work out in your favour for a long time.

If you lose yourself, if you fail to stay your course, your trade will lose.

That does not mean everyone should indulge themselves into believing in an illusion. It is important you see through what you think and that logically your beliefs are really correct.

Only when what you believe in is actually what the truth is and that the inevitable course expected actually happens would you reap the profit.

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