Trading isn’t difficult. There I said it. Now I know this may go against every thing that you may have read online or heard from friends, but before you get all up in arms and prepare to burn me at the stake just hear me out.
Guest post from visionsofaffluence.com
Trading like most things in life has fallen victim to the human tendency to make every thing more complicated than it really is. This occurs because over time people build up all these ideas and myths about topics and obscure the simple principles that when understood will lead to success in any field.
Now let’s take a look at how this has occurred in trading.
One thing that has led to this over complication of trading is people’s fear of failure. Everyone knows how lucrative trading is but so few actually attempt to learn how to do it. Part of the reason why this happens is that people are scared to try because they believe they can’t do it, so they tell themselves that it is too difficult as an excuse not to try. Now this wouldn’t be so bad if people would keep their negative views to themselves but of course they don’t. Instead they preach the day trading is too difficult doctrine to everyone they know that expresses an interest in day trading which causes more people to thinks its too difficult and then they tell more people and so on and so forth. This has resulted in the general population believing that day trading is harder than it really is, discourages people from trying it, and causes those that do to try all unnecessary methods to day trade successfully and this is where indicators come in and complicate things further.
You see indicators are supposed to help traders but in reality all the do complicate matters. You see the public has been brainwashed into thinking that the only way to trade effectively is with indicators. So every new trader piles a bunch of indicators on his chart in hopes of deciphering the unreadable price action to find out where price is going so they can profit. This never happens as the indicators give off late or even false signals. So then the day trader finds another set of indicators and they do the same thing. And before you know it the myth of trading being difficult is perpetuated and all because people chose to focus on the wrong things.
Trading is only as difficult as you make it. If you decide you want to listen to every one else and believe that trading is the hardest thing in the world or pile a bunch of indicators and wonder why you can’t get anywhere go ahead be my guest. But the next time someone asks you about trading don’t tell them how difficult it is instead tell them how difficult you made it by not focusing on the only thing that really maters. The price action itself.
If you want to discover what it takes to be able to trade for a living. Then visit visionsofaffluence.com
Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..