It is a fact that most traders operate on delayed and inaccurate information.
Information that is available on TV, chat rooms, forums, print etc is delayed and therefore not tradable accurate at the time you get it. In fact, you would be surprised at the sheer volume of inaccurate information that is really out there. Some of it is purposefully promoted. Some of it is from ignorance. And some of it is based on nothing more than the desire to believe it.
Trading is hard, even with accurate information. Imagine trading inaccurate delayed information. Such information leads to false expectations. False expectations lead to bad decisions. Bad decisions lead to losses.
Here is another cold hard truth. Most traders don't trade according to a solid trading plan, You are not going to reach your trading goals unless you follow a step by step plan that addresses very aspect of the trading process.
Most courses and books focus on ... Where to get in and Where to get out. And if that is all you have, you can forget about success. In that case, save yourself a lot of money and heartache. Stop trading now.
Even if the where to get in and where to get out strategy is a good one, most traders still fail. Why?
Let us meet and find out from experienced traders amongst us. Besides, Trading is a lonely business ... successful or not. Let us get out and meet for coffee and lunch etc. Road to success is connecting with like minded and let us just do that.