Why do 90% of traders fail in the first 6 months?
1. Because they are preoccupied with a flawed analysis of the past
2. Because they try to the base the future upon the past but the future can be anything
A gamer trader already knows all permutations of the past and all possibilities of the future.
A gamer trader only lives for the now and in that living for the now he can identify with the true market pulse and flow with the wave of human emotions.
Bank dealers buy into selling pressure and sell into buying pressure and make spreads and cut their profits every single time because they only live in the here and the now. Equally the new generation of gamer traders are young and bold and they have no time for information overload and technical analysis but their skills are honed in for the only moment that counts and that is now. The gamer trader does not clog his mind with tons of technical information so much so that he spends hours deliberating a trading decision.
Tokyo open GBP/ USD 22.12.2016:
Watch the waves again and again and feel the rhythm as human emotions move the market and then bring it to an utter halt. Know this pulse and you have won half the battle to becoming a very good trader if only you can live just for the here and now.
