I was recently talking with a student in one of my trading courses who is an eager beaver. They definitely have the desire to trade for a living, but I noticed something of a repeating pattern for them. They would constantly not trade the system as is, make modifications to it and adjust the risk parameters.
I have often wondered why a developing student who wants to learn how to trade, but hasn’t made it on their own, make all of these decisions which would hurt their trading.
I am certainly guilty of this in my early days, without a doubt. But like in Archery, I trusted my teacher, and decided to practice the technique he taught me. …... Keep reading