Bernadette Jiwa wrote in her book Meaningful, “everything you’re striving for is a by-product of something else – something bigger”.
A traders profit is a by-product of:
- Trade management
- Trade entries
And it’s in that order. Control of a trade is more important than knowing where, when and how to enter a trade.
A beginner will find this hard to grasp; they will alternatively concentrate all efforts on finding a good trade entry and mostly disregard the management of the trade.