- Your stop can be hit and then the market go in the direction you were positioned for.
- Sometimes that pullback that you are waiting for to buy never comes until the trend is over.
- Sometimes every momentum signal you buy will be a loser for a long time.
- Many times the market whipsaws you in a position for absolutely no reason you can understand.
- Sometimes your biggest position sizes are losing trades and your smallest position sizes are the winners.
- There is no ‘market’ you are trading against a herd of people all making decisions for many different reasons, and they are not predictable.
- You can feel foolish under performing buy and holders during straight up bull markets when you’re trading in and out.
- Some trading lessons can’t be learned they have to be experienced with real money.
- Money is made and kept based on the math of probabilities, risk, and reward not because a trader is the smartest but because they are the most flexible and adaptable.
by
