Key Underlying Concepts Improve your Market Trading
Key Underlying Concepts Improve your Market Trading, Having clear Concepts before rushing into Market Trading.
Participants in the market trading often rush into the market with some learned strategies . They believe that strategies are all they need to make good money.
Many also learn and copy some trading strategies from trading guru.
No doubt they also incorporate risk management. They carry out the discipliine of placing Stop Loss level.
However it is better they have good understanding of the underlying concepts of the market first.
What are Underlying Conepts?
Underlying concepts can also be the belief system or subconscious mind or assumptions made, if not properly identified and verified, they can lead to trading failures. And traders believe their trading failure is due to wrong strategies and they pursue to learn more different strategies.
More ofthen than not, traders do not examine their belief systems and assumptions made when they are trading on the market.
Good underlylng concepts are like Clarify of mInd and road map in your market trading, without which traders, though commited to learning, may go round and around on the not so useful areas to persue.
I hope this video will help to surface your belief systems and asusmptions made on your market trading. Some of these concepts are simple ways to explain certain strategies to trade in the market.
