2011 is the best year of my trading journey so far. I profit far more than I loss for the last 3 years of trading. And there is none of my three years learning contribute the success.
Market change all the time. No trading technique that can be used forever and produce consistent result. Traders also common human, hard to change. They just stubbornly stick with their method or trading style. They felt like if they work hard enough it will come to fruition. Sadly market don't work that way.
Unlike other business trading the financial market took almost no effort to work. Only click buy and sell is not a work at all imo. So traders think if they work the market analysis they could do better. Well, if market don't change conditions so fast it may right. But the real dact is market change.
Most of people brain is destined to find a secure or comfort zone. Like if you find something that working, just do it over and over again till it is not working anymore. In business it can be done but in trading, it may cost you a fortune before you realized it.
In most of business when you work properly you wouldn't lost so much money. In trading business even if you work on its best you may still losing money. No other business require patience than become a trader in financial market.
So what is the secret of my success? Maybe it is luck, or just coincidence, or other? My answer is persistent at the right path. I also have confidence in my method that it can be done for long term. The logic is because now I never fight against the market. I fight the broker. And choosing your opponent may decide between life and death. Market is a big gigantic entity who move based on transaction,bid ask, everything. They settle and become the market. While broker is like a casion who gambling the price feed of the market. They are not directly participate the market but using the market as a model for their business. They create their own market but with world price market.
It is obvious fighting the smaller enemy will be much easier and so it seem. Most of traders looked like a John Wayne Cowboy fighting the real market with a bunch of ancient tools will never win in the long term. But me, picked the virtual market as my opponent and I study not the price or technical stuff or news, I studied the behaviour of my enemy and looked for a weakness which is never be existed at real market.
It is that time when I become a succesfull news trader and later...maybe an arbitrage trader :)
So my advice is " If you find something that make money even you don't like how it works, just do it. This is a business, not a hobby."
Wish you a better year of 2012 :)
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