Discovering that “Less is More”… | STR 318
One of the big traps that I see many traders fall into is using the logic that the more complicated something is, the more effective it will be. While I do completely understand this thought process of thinking “the more you put in, the more you will get out”, when it comes to the world of trading, often times it can be very misleading. Thanks to community member Alex (chatroom alias, “LTP”), we have a shining example of how overthinking and trying to do too much at once was ultimately holding him back. I’m all for people being ambitious and wanting to get out there and hustle and grind; however, as I’ve said many times before, the market loves to take ambitious people and use their ambition against them. While the saying may not always make sense, when Alex discovered that “less is more”, his trading began to change. Let’s get to it!