In the video in this post I would like to share with you the top 4 B.S. pieces of nonsense I have ever heard about trading the markets. I have been in the trading industry for nearly 6 years and I keep coming across the same garbage across the internet, books and online courses.
I have listed the Top 4 offending B.S. lies below:
Trading is Easy (e.g. “Easy Forex Trading”)
Secret Trading formula
You cannot make money in trading
First of all, if trading was easy and there was some “secret” trading formula there would be no such thing as a financial crisis. All the banks would be in good shape and we would not have to bail them out.
WRITE THIS DOWN: The only real secret is “hard work” at learning a solid trading plan and ensuring you can execute that plan consistently to minimise risk and maximise profits.
I guess I could have added even more to this list but I will leave you for the moment with these ones.
If you can think of some more of your own, let me know and leave me your comments below.