The ego desires to appear sophisticated, and daring, but the point of trading is not sophistication, or excitement. We keep score on our profit and loss statements.
If the Nobel-prize-winning geniuses of Long Term Capital Management can be blind to risks and worst case scenarios, is it possible that you could be too?
When you see hope creeping into your trading, usually there's trouble ahead. We all have desires for success in trading, but often our dreams of success can stand in the way of recognizing reality.
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It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.