I understood only after making ten thousand-plus trades that the essence of trading is: at key levels, set a stop loss, and make a bet.

Seriously, trading is this simple.

Even for intraday trading, there really are only about three good opportunities. Combine the opening times of the Asian, European, and U.S. sessions—price action moves fast. You can’t hesitate for even a moment. It’s that time point, that level—when the opportunity appears, you enter immediately. If you’re right, be patient and wait; if you’re wrong, cut it immediately.

When you get to the end, you’ll find that the market itself isn’t that complicated. What’s complex is your own mindset.