We all hear that we can learn from history and that history repeats itself. But how?
As traders it's hard to disagree, after all, we are in the business of prediction.
Yet it's hard to figure out the timing and tactics of trading.
There are many avenues to success in the trading and investing business. But the method and mindset that works best for each individual trader... depends on each trader’s individual personality. Even stocks have their own personalities.
Trading is like professional sports... and is highly competitive. Only the best traders win consistently.
Just Like pro athletes- successful traders need to be disciplined and must maintain a Game Plan & a set of strategies.