Chapter 11. The Only Magic in Trading—Emotional Stability
As an industry insider, I am repeatedly confronted by those looking for a magic indicator, trading system, or newsletter. They want somebody, often me, to tell them where to buy and where to sell and do it with impeccable accuracy. Regrettably, I am forced to bring them into reality.
In my years as a broker, I have come across droves of retail and institutional traders and just as many trading strategies and methodologies. I have yet to discover any individual system or style that is capable of making money in all market conditions and without excessive dedication to research and adjustment. In other words, there is no Holy Grail or easy money. Simply reading a few books on trading or ...
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