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019 Machine Gun Preacher

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Published on Oct 22, 2018

The majority of traders, the 95%, fail because when they’re under pressure after a string of losses, they either panic and give up or go in search of another system. They do this until they’ve wiped out most of their trading account. Eventually, they’re replaced by a new batch of traders with a new stash of capital looking to change their lives.
And around it goes, with the 5% keeping the 95%’s capital.
Consistency, over both the long and short term, comes from understanding the interplay between supply and demand, and not from the settings used by an indicator.

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