The majority of individuals who become interested in trading and want to one day become profitable traders, often spend only a couple of minutes online before coming across phrases such as “know yourself” and “keep losses to a bare minimum”. For novice traders, most of which simply want to learn how to set up charts properly and start making money as soon as possible, these morsels of information tend to sound more like a distraction than a real, actionable advice.
Becoming a successful trader is less of a gamble and more of a hard science, which involves adhering to a specific set of tra