I only understood after making more than ten thousand trades that the essence of trading is this: at key levels, set a stop-loss, and take a gamble.



Seriously, trading is that simple.

Even for intraday trading, good opportunities really only come about three times. Combine the Asian session, European session, and U.S. market open times—price action moves quickly. You can’t hesitate for a moment. It’s that time, at that level. Once the opportunity appears, enter immediately. If you’re right, wait patiently; if you’re wrong, cut it immediately.

When you get to the end, you’ll realize that the market isn’t actually that complicated—the complicated part is your own mind.
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