Tham khảo tài liệu 'the master profit plan your 5-step trading plan workbook by vadym graifer_3', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 68 PART ONE A Trader s Journey psychology. They realize that traders are not experts in every field and even if they were it has no bearing on the stock price. They realize that a stock moves when supply outstrips demand and vice versa. Therefore they read the psychology behind the move and not necessarily the reason for the move. To these people the stock market is no longer a carnival of fools with playful intentions and obvious deceptions. At least they are no longer a part of this crowd even if it still does exist. They understand that what were once thought of as simple manipulations and cons are in fact just normal parts of the game. Experienced traders do their job while the early speculators fall for traps. What many fail to realize is that what seems really obvious usually is a trap. If you see a road with no obstacles it most likely doesn t lead to anywhere. It works for reading stock movement. It works for many of the general principles that market moves are based on. There are many common phrases on Wall Street and all the pundits have heard them. But there are different views on things that seem to be absolutely nonarguable. It s often the case that one s edge is found exactly in the niches where few go. Let s go over some of those common phrases and see how true they are. Do Not Overtrade A trading leader tried to argue with me about my many trades per day maintaining that I was doing something wrong. He argued that we only have to find that one great trade per day to make us profitable. I must have left my crystal ball back in Russia because I can t seem to distinguish how in a market that is based on probabilities one will always know which trade will be the best one every time. Many people say that we should pick the best of the best trades and not jump on every one of them trying to go for as few trades as you can that suggest the highest potential. This is not true for all traders or for all styles. I practice my system which puts a high .
