Before thinking of learning trading or before starting a new trading day, just ask your self a question........ I am here in the market for making money or for show that a know a complicated trading system??
I am sure the answer would be that I am here for making money.
I am not against any complicated trading system but we are humans we r bound to have a problem that when money goes away or comes in , our mind enters into a complicated stage because of fear n greed associated with the money.
So we need a very simple trading system which our mind can implement in that complicated stage
No doubt that at end of the day the complicated systems will look amazing on charts because that mind remains away from fear and greed associated with market.
So once again ask your self a question............... I am here for painting the technical charts at end of the day or I am here for making money.
If your answer would be the second case than start following a simple but scientific trading system which is our Setup 1 and setup 2 system.
In each setup, a trader just need to keep in mind only 2 factor based on structural pivots(http://lethaltrendlines.blogspot.in/p/structural-pivots.html) without adding any indicator on charts so for two setups, a trader just need to keep in mind 4 factors which are scientific in approach and very simple to implement and you are done........ you can start trading by your own with in a day.
So mantra for trading is........
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