What is the major difference between a successful trader and an unsuccessful trader?

Successful traders think in probabilities! They understand that trading is a numbers game and understand that it has nothing to do with trying to be right on every trade.

Amateur traders don’t have a consistent approach because they can’t handle losing – they don’t understand that trading is purely a game of probabilities. They try and learn as much as they can about Technical Analysis because they want to be right on every trade. When they have a few losses they run off to buy a new book or a new course because they think their ‘method’ doesn’t work. The majority of the time It has NOTHING to do with the method they are using. It has to do with the way they think about trading.



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