But the whole story ends with this!
In order to make money in trading, The entry and exit techniques account for only 5-10% of trading. So if anyone reads Bill's books , I'd say, count the number of pages they dedicated to explaining the system and how many to "what happens inside the traders mind".! It is the traders behaviour that needs working on, no t the system. The system has been perfected ages ago. Have we now learned to disciplined ourselves to enable us to follow the system? How do we achieve that? I'm afraid there is no off the shelf solution available. We are unique individuals and we are the best judges of ourselves. So it is our job, as a trader, and in general, to know ourselves and find out and implement techniques and strategies that would make us successful in a given field! in this case how to control our minds and let it help or just learn to let it do what we want to do. And what we want to do is to want what what the market wants.
iMHo!
eWaves vs Bill Williams traditional AO/AC
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: eWaves vs Bill Williams traditional AO/AC
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
