Great summary, I have to agree with you. It is the great paradox that most of the traders are unable to follow these simple steps. If I would compare their behavior to soldiers in war, they act as it is just a movie and they want to have main heroic ...

How to manage your ego and stay humble?

Well, most people enter trading because of the dream making money fast without the hard work. They would not enter trading if they would not expect it. Newcomers expect to get much more faster and bigger income that they can commonly genereate by ...

Why 99% of traders lose money