When I first started getting interested in tech analysis, I read everything. Then, about 7 years ago, I realized that the methodology was only about 10% of what it took to be a successful trader / investor and that my methodology was good enough.
Execution is the real key, which is our ability to eliminate fear / greed, to be patient, humble and exhibit control. These were and are my weaknesses, so I started concentrating on that. The Disciplined Trader is a good book in this regard.
Once I started concentrating on this, the money has been much easier to attain through speculation.
|