When it comes to gaining an education in trading, most people seek out quick fixes to achieving their financial goals with the mindset that short-term gratification will fulfill their long-term needs.

Unfortunately, most get caught up in the same trap given that they read the same books and go to the same workshops, and in doing so get sold the same dream.

It is common for those who have ventured down this path to get hold of a set of rules and attempt to tick each one off to place a trade believing the market is black and white. Or they attempt to paste incongruent information together that they have selected from various books or from information they gathered on the internet in the hope of getting things right , In their mind, they are saving themselves time and money but in reality, the opposite rings true, What many fail to see, until it is too late, is that it is costing them more money in terms of lost profits, lost capital, and lost opportunity. If you think about it, it is like getting a box full of mixed jigsaw pieces. How do you know if all of the pieces in the box fit together to make one complete picture? You don’t.

And that’s why this approach to trading is way too simplistic. You see some rules might work in certain conditions and certain markets, but they are unlikely to work in all markets over all timeframes, Anyone who has ever experienced this knows that it is highly unlikely they will become a successful trader long term.