Something that came to mind for me was that any prediction about the stock market can effect the market itself, so it will never be fully predictable for the simple reason that our beliefs about the market cause the market to change
I started trading in 2014 waa student try all of strategies but notice no has probability of success of 90% so always loose my money because i belive when i saw pattern the market must go base on the patterns and took always high risk loose my money. His right trading is probability this is why if you strategy works for some time you have to know it will stop soon because you are in good probability for that period but when it will change if you keep increase your size because it works you will loose one day this why people loose everything im trading but if you understand what he said that trading is probability and you dont know if you will win the next trade or you know the probably of your strategies in long-term than you can size up
Somethings are so serious, that it must be delivered in its most raw and pure form, both technically and emotionally. I praise his sincerity and 7 years of trading got me to arrive to this same conclusion. Support this channel people even if solemnly for posting this video. Because among the vast lectures from Mr. Douglas, the most essential part of trading has been refined for you in a video under 30 minutes. May god bless Mr. douglas soul, this channel and its owner.
This is why people should make their own system instead of getting a mentor so they know exactly how the system behaves. This is also why for many systems you have to take each trade. You don’t have to trade lots of markets but for each market you trade you have to take each trade because the majority of profits come from a small number of trades and if you miss a big win you are in trouble.
