TRADING ISN’T GAMBLING!!!

Trading isn’t gambling.

Unlike tossing a coin, when we enter a trade we have a degree of control over the odds by picking good trade setups that are statistically proven to have a positive outcome over the long run.

We can stack those odds in our favour. We can also limit our losses and run our profits to come out ahead.

But that doesn’t mean we don’t get hit with this common error of judgement.

After suffering a run of losing trades, it’s very easy to think, The next trade must be better. I can’t keep losing forever

But why can’t you?

The market isn’t going to reward you for your previous string of losses.

It doesn’t know about those losses. You might have a memory, but the market doesn’t.

Each and every trade performs on its own merit.

$BTC