Levels
Maybe you´ve heard of the saying that either we get better if we fight our problems and challenge ourselves or we have the same problems over and over again. The truth is even if you fight your problems you just jump to another (higher) Level until you face new problems. The more you fight basically the easier you get a habit of solving your problems. The problems often become more complex or bigger but so do you as you jump from level to level. So the goal here is to get used to fighting in a positive way… see it as something which needs to be done. You will get better in anything if you keep fighting AND questioning if what you do leads to something or not.
- You need to structure your life in order to get what you want. Otherwise
it´s just gambling or winning the lottery. You wanna rely on a chance 1:300.000.000 ?
Trading is similar. We don´t wanna rely on a poor chance but on a structure. In trading a structure is a good strategy which guids you. But Money Management, Emotional Management and so on is a part of that structure, too. Don´t think that it´s just the strategy which you can buy on Ebay. There is no such thing.
So in Trading we got Levels too. Actually in Forex the market is jumping from on level to another and either consolidates or pushes right through it. That´s simple. It gets tricky when your strategy is too messy to just see what the momentum of the market wants to tell you. I tried over 1800 Indicators in the last 4 years and all you really need is chart time and market structure / Price Action. Watch those and get a feeling. Markets are highly manipulated thus it´s no wonder that they move and work in a certain structure. Make trading a habit and you won´t need another one ever again.
Jump from problem to problem… From level to level.
Cheers