Making Luck in Price Action Trading

Price action trading can bring you wealth or it can dig you into a black hole. Good traders know and understand this which is why they make good, educated guesses. Calculated risk is a boon to anyone who knows how to use it, but again, the point is that you have to know how to use it. There are a couple things that can make you a good trader – you’re observant, have a good head on your shoulders, know when to quit while your ahead and are just plain lucky.

Luck isn’t something you can actually buy, however people acknowledge that there is such a thing as business luck. That being said, there are ways around business luck. In fact, rather than relying on waiting for the luck to strike, you can still make a profit while waiting for that potentially big gold strike. It’s actually funny how few so-called lucky people actually consider themselves lucky. Instead, they will always tell you that they have worked hard to get where they’ve gotten. A number of them will even tell you that…

Read the full article from the Source…

Leave a Reply