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📖 Day 1 · Quiz (Single Choic
The Secret That Experienced Traders Only Realize: Market Predictions Only Make You Lose Money
I don't know where you are on your trading journey. You might be a newbie, or you may have gone through some ups and downs with the market, but if you still believe that: There is a sure way to know what will happen next on the chart. The "sacred price zones" that you draw always hold the price. You can predict the market as if you own it. Then I have to tell you straight: you are wrong. I used to believe that too. For many years, I fixated on support and resistance levels, Fibonacci, technical indicators, and believed I could predict the next move of the price. But the result was just... disappointment and getting stuck in unnecessary losing trades. After many painful lessons, I have come to realize one thing: the market is not for predicting, but for listening. This is what I learned: The market is always volatile, not according to your wishes. The price movement is based on millions of decisions from other traders, organizations, economic events, and market sentiment. No one can control or accurately predict every step of it. Do not set expectations, do not paint a vision. When you set expectations for a price range or an indicator, you can easily become "blind" and hold a position too long, or enter a position early without a clear reason. Let go of the guessing and only react to what is actually happening. Listen to the flow of the market. Observe price behavior, liquidity, volume, and how the market reacts to important price levels. The market always "speaks" to you if you are willing to listen. Risk management is paramount. When there are no more predictions, you have only one task: to protect your capital. Determine a reasonable stop-loss level, split your position, and always adhere to discipline. This is what will help you survive in trading for the long term. In summary, trading is not about being a prophet. It is about understanding and feeling the flow of the market, keeping a calm mind, and managing risk well. When you give up the idea of predicting, you will find trading becomes easier and more effective. Listen, don't try to predict. The market will guide you in the right direction, as long as you know how to react.