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When learning a new trading method, stick to it exclusively without adding anything else you’ve previously learned.
I see this when students send me their charts and there’s lots of other stuff on the charts.
Therefore they are not trading my method. They’ve created their own hybrid method and I haven’t tested that.
Educated Amateurs
Step one is to “unlearn”
- Beliefs in mind:a. Trade in direction of trend of the longer time frame.
b. Overbought and oversold.
c. Trend is higher highs and higher lows - Habits in Behaviors
Common saying told in martial arts circles of people who’ve studied martial arts and then go to a new master.
- Tea example.
- Martial arts example.
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