In trading it is not only chance which allows one to succeed, but rather management of information and the application of the correct strategy. If not well prepared, we stand a higher risk of taking some wrong moves which in fact will be counterproductive. In other words by keeping brainstorming and trying to understand every decision we get, it is easier to refine the skills to ensure the decision is sharper and can deliver a better result. This takes patience and sooner rather than later experience will breed the confidence which is based on real ability not wishful thinking.
Trading puts us at the mercy of luck, but there aren’t many things that ask for more good preparation and analysis than trade. We can better manage risk, and the decisions we make will be more defined as long as every step has an accurate data to support it. Because if we make mistakes, they can be opportunities to learn, not mistakes to avoid, as each experience represents a learning otherwise, and tips the lessons we can bring to each new endeavour.
The patience we can practise while evaluating strategies, and the consistency from that evaluation, builds confidence based on real results. There are no instant results, but a process that is constantly refined will lead to long term advantage. For this, continuously developing it an invaluable asset in the world of trading.