MACD Trading

The illusion of control is a cognitive bias where people believe they have more control over events than they really do.

Many day traders know exactly what they should do—set stop-losses, follow setups, respect risk—but in the heat of the moment they fail to execute.

The difference between the 90% who lose and the 10% who succeed isn’t luck—it’s discipline, preparation, and mindset.

Step aside when fear stops you from following rules.

Two powerful emotions—fear and greed—often decide whether a trader succeeds or fails.

Confidence in day trading is not a gift; it’s a discipline. By learning from mistakes, managing risk, and trusting the probabilities, traders develop the calm certainty needed to act in the heat of the market.

Fear is natural for beginners, but it doesn’t have to control you. The secret is not to eliminate fear, but to accept it

According to Mark Douglas, author of the classic book Trading in the Zone, the real key to consistent profitability lies in one thing: understanding and accepting risk.

Trading is not just about charts and numbers—it’s about mastering yourself. When you learn to navigate resistance, conflicts, and fear, you’re no longer just a beginner. You’re on the path to becoming a disciplined trader.

As a beginner, you don’t need to master dozens of complex setups. Start with three proven, easy-to-understand strategies.

In simple terms, an edge is the reason why your trading approach has a better chance of making money than losing money over the long run.

The Risk-to-Reward Ratio (sometimes written as R:R) is a tool that helps traders decide if a trade is worth taking.

Momentum is the strength and speed of price movement. On the chart, it shows up as sharp breakouts, explosive moves after news releases, or consistent intraday trends.

Support is a price level where demand (buying pressure) is strong enough to stop the price from falling further.

Technical stop-loss place.

When combined, these two tools form a risk-reward framework that gives structure and consistency to your trading.

Why Use a Time Stop? It protects you from stagnant trades that go sideways.

Unlike a fixed stop-loss, which stays at one price level, a trailing stop adjusts upward (for long trades) or downward (for short trades) as the market advances.

Many traders fail because they place stops randomly, either too close (getting stopped out on normal fluctuations) or too wide (risking too much capital).

Stop-loss and take-profit orders are two of the most powerful tools traders use to manage risk and lock in gains.