The Pyramid showing how successful traders identifies their strength in the world of professional trading. Numbers may not be the perfect one but the idea behind this pyramid is to understand that most people spend most of their time in finding the best strategy which we know that does not exist.
Strategy : - The top of the pyramid is strategy, which is really important but not as much as we think. off course we have to have a rule for entry, exit, and take profit.
Risk Management: - We put risk management in the middle of the pyramid which shows that this is the 2nd most important thing that needs to be discussed. We must control our risk on each and every trade.
Mindset/Psychology: So, we have put the trading psychology in the bottom of pyramid which means the trader's mindset is the foundation of his/her successful trading career.
This trading education series around these three pillars will be continued ........ :)
Strategy : - The top of the pyramid is strategy, which is really important but not as much as we think. off course we have to have a rule for entry, exit, and take profit.
Risk Management: - We put risk management in the middle of the pyramid which shows that this is the 2nd most important thing that needs to be discussed. We must control our risk on each and every trade.
Mindset/Psychology: So, we have put the trading psychology in the bottom of pyramid which means the trader's mindset is the foundation of his/her successful trading career.
This trading education series around these three pillars will be continued ........ :)