Myth #1 – Trading System is mechanical and thus takes away your emotions and judgement
Trading System itself takes up only a percentage of trading. Sean Tzu started his trading career by attending a power trading system course and realized soon that no matter how good the system is, more than 90% of his course mates including himself cannot follow the system due to trading psychology. Those who succeeded immediately after the course are found out to be experienced and professional traders who already mastered trading psychology.
Besides trading system, the other 2 important components in trading are money management and trading psychology. Due to the fact that no trading system is perfect, the need for money management and trading psychology will never turn o View the rest of this article
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