The trading process is indeed simple. What a trader does is a fairly simple task. Simply BUY or SELL and Simply analyze the market, prepare an order, and hold on to the trading system to generate profit or cut loss. Simply put: trading is basically discipline in following a trading plan. What we don't take into account is that, even though it's simple in theory, it doesn't mean it will be easy in practice.
Being a trader is very similar to being successful in losing weight hehehhe ..... there are those who directly weigh BB). Both of them do things that are simple in theory but difficult in practice. Most traders fail because they cannot survive on their own trading system. Finally they deviate to give way to bad habits, such as buying based on greed, closing positions early for fear, using too much money, or taking revenge after losing.
The lesson is that you should not mix between "simple" and "easy". Trading is simple, but not easy. Most traders will not succeed because they cannot do simple things for a long time. If you adhere to your own trading system for a long time, you will beat most traders. Traders with the mindset of "trading is easy" will have the mentality of wanting to get rich quick. This type of trader will eventually MC sooner or later. Instead, understand that trading is not an easy thing that will encourage you to be more willing to learn, be more careful and make better preparations when trading.
Linkback: https://www.forex.zone/forex-education/29/trading-is-simple-but-not-easy/2106/
