Sam Evans

"The sooner we can accept that nobody out there really knows what the market is going to do next, the sooner we can relieve the pressure to be right. Ironically, it is the need to be right which often costs the novice trader dearly, as they typically do not follow any kind of plan, jumping into the market and changing the parameters of the playing field midway through, all in the quest to be right. Let go and accept that this is an impossibly futile effort from the very start. Trading is just like life. We live our lives day-to-day and never really know what is coming next. Sometimes unexpected good things happen, while other times something bad occurs right out of the blue. Often we live out our days according to routine and things mostly work out as expected, but we all know that surprises of some kind are always around the corner. This knowledge doesn’t stop us from living our lives though, does it? Trading my friends is no different to life at all – accept the risks, understand the rewards and just take each day as it comes.”

From FxInstructor

“The human mind is not wired to trade properly. Our decision-making process is not like most other animals. Most people don’t focus on reality when deciding to take action; we make decisions based on emotion, not intellect. Not only is it very difficult to live in complete reality, but consistently making actions based on reality is an even harder task many times. A goose, on the other hand, would make an excellent trader and investor. When autumn approaches in the north, the geese don’t wonder if winter will come or not. They certainly don’t call a goose meeting to figure out a way to stave off winter. They simply act like a machine and fly south for the winter and repeat this process each and every year flawlessly for their entire life, without questioning their choice.” — Sam Seiden

What trade is about?

“The point is psychology actually determines our success or failure as a trader. I still believe that trading is 85% psychological, 10% risk management and 5% strategy. If you are just starting out in trading, keep this in mind. Too many times people are so busy looking for the Holy Grail trading strategy that they forget to work on the most important part of trading – themselves.” — Don Dawson

EURUSD pullback

Parece un pullback en el EURUSD, y además una envolvente hacia arriba en H1, Diosito has que suba, jajaja.