AI
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| Posts | 41494 |
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| Alias Born | 10/29/2007 |
Monday, February 29, 2016 5:26:44 PM
The larger time frames are always in control Qui. And the smaller time frames can indeed be burdensome.
There is no holy grail. All we can do is stack the odds in our favor as much as possible and the TDI wave count is just another method to do that.
Remember...do the best analysis you can and then what happens is what happens. If we lose because of a logical analysis that didn't work out, then so be it.
There's no such thing as a 100% winner from a trading perspective but we can beat the odds compared to most retail traders.
But if we let emotion creep in and we start to doubt what we're doing, we're already beaten. This is what most traders have trouble with...taking the trade and just walking away and let the charts play themselves out. And if things don't work out the way they want for immediate graduation, they start doubting the system and get listless again looking for yet another trading system.
Patience is key...it's undoubtedly one of the single most important parts of trading.
There is no holy grail. All we can do is stack the odds in our favor as much as possible and the TDI wave count is just another method to do that.
Remember...do the best analysis you can and then what happens is what happens. If we lose because of a logical analysis that didn't work out, then so be it.
There's no such thing as a 100% winner from a trading perspective but we can beat the odds compared to most retail traders.
But if we let emotion creep in and we start to doubt what we're doing, we're already beaten. This is what most traders have trouble with...taking the trade and just walking away and let the charts play themselves out. And if things don't work out the way they want for immediate graduation, they start doubting the system and get listless again looking for yet another trading system.
Patience is key...it's undoubtedly one of the single most important parts of trading.
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