✍️ The idea that "Technical Analysis is the solution" is psychologically comforting...
Because it gives you a false sense of control. You feel that if you master the patterns and indicators, you'll become smarter than the market. But what Mark Douglas discovered is that the problem has never been in the chart... It was in the trader's mind when facing loss. Most people don't lose because of poor chart reading; they lose because they can't handle the psychological pain of loss.
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✍️ The idea that "Technical Analysis is the solution" is psychologically comforting...
Because it gives you a false sense of control.
You feel that if you master the patterns and indicators, you'll become smarter than the market.
But what Mark Douglas discovered is that the problem has never been in the chart...
It was in the trader's mind when facing loss.
Most people don't lose because of poor chart reading; they lose because they can't handle the psychological pain of loss.