Invoking all profitable traders: What differs you from an unprofitable trader?

Interesting question.

I’d say my one redeeming trading skill is my ability to have no idea what is going to happen next (yes you read that correctly). I have truly accepted the random nature of markets - first brought to light with the book Trading in the Zone , but took me a lot longer to actually do it.

I am able to separate my opinion from the facts - the facts being price and price only.

I have learned not to find articles or stories online that confirm my trading position - in fact, I am actively going looking for analysis on how I can be wrong.

Again this type of thinking is alien to most, who are too ego invested in their opinions.

Finally, my trading strategies I could literally teach to a seven-year-old. There is no discretion, no summing up the weight of the evidence or taking into account silly divergences or indicators.

My trading signals are binary - is there or isn’t there. That’s it.

Finally, I have (only quite recently) stopped caring about my trading performance and P&L whatsoever.

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