Trading - a complicated and complex process

Every time when a buy or sell decision is made that decision might be wrong and right in the same time. You could be right on short term and wrong on long term or vice versa. Or you could be right on very short term and wrong on short term while being right on slightly longer term but not on long term and so on so forth, hopefully you get the point. That is why trading strategies - profitable trading strategies -  have little or nothing to do with opinions about where the market is heading next and/or market biases, profitable trading strategies are just that, buy or sell at a certain moment to make a profit irrespective of what the market is doing. Clearly defining your strategy edge is the most important thing in trading, nobody knows where the market is going in truth being told - nobody but those who have the tools to drive and direction it but that's insider trading and officially its a crime and its illegal - and such the first thing you need to do when trying to be profitable is to give up all your opinions and biases. While you could have them you should not base your trading on those. The trading decisions you make should have the trading edge behind them, that is the way, the only way to win this game on the long run. Professional traders are hardly millionaires overnight like for example the lucky bitcoin buyers as of now, what professional traders are able to do has nothing to do with luck and everything to do with trading models and statistical advantages which in the long run will be providing and advantage or edge. Of course having a trading edge or advantage is not a guarantee of winning the game unless the process is completely automatic because on the short term a trader might get emotional involved in the process of trading and such overcoming the edge.  As a discretionary trader you can win much more than a programmed robot is able to if based on the same edge. The edge executed mechanically will be far less profitable than the same edge executed by the trader but remember, discretionary trading is based on algorithms, statistics and the edge provided by those and not based on market opinions or hunches about where the market is going, which reminds me of my twitter posts -  they are only hunches and opinions of support and resistance levels and have almost nothing to do with the trading strategy I`m applying on the demo accounts you see in this blog.