【Question】When I looked at the teaching material and went through it, I thought, is this about sharpening discretion whether it's a trend-following or a contrarian approach?【Answer】
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How to effectively trade with discretionary trading using technical analysis
【Questioner】
I checked the material and I thought
Whether it's a trend-following or a counter-trend
In short, does it mean to refine discretion?
Refining discretion seems to require concentration
and it seems to depend a lot on talent…
【Answer】
Yes, that’s right
Discretion, many traders feel averse to it
but it isn’t actually that difficult
Those who dislike it also
seem to struggle with averaging down in a counter-trend during a trend
There is also a tendency to think “let me take the easy path” somewhere
This is my old self
My old self used to think that way and repeated the same mistakes many times
Turning away from those things was made possible by developing discretionary trading
Discretionary trading becomes clear once you practice and achieve results
Anyone can do it; it doesn’t require much talent
Rather, the talent for discretionary trading can be developed through practice
Making profits in discretionary trading means increasing capital
If you work to avoid losses, you’ll naturally become more profitable
This is simple, but there are very many people who dislike the concept of “discretionary trading”
However, if you properly cultivate market sense and discretion, there is no more powerful tool-like concept
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