Thread by @Deishma

Certainty ✅

How certainty plays a role in our decisions.

Most who start trading with charts and do deep technical analysis fail to start trading.

As a result, keep researching & scouting for more TA & yet remained feared.

If you wait for 100% certainty you will not trade

Even if they start, they stumble and keep procrastinating until they are 90%, 95%, or 100% sure.

Which never happens...

The feeling of being independent is a personality trait.

This independency make the best Technical Analysts!

The root of this problem is our schooling.

School teaches us not to act until we are 100% sure.

Which is not a true approach to world living!

In the "Real World", 70% confidence is when you must start and take action.

Most decisions should be taken when we have 70% of the information, which ofcourse is our personal opinion.

The truth could be that it is just 10% of what the sum of all information would be.

If you want to achieve 90% in most cases, you are probably being slow and chasing the stock for entry.

So we procrastinate because we are afraid of looking stupid.

We are afraid because we don't have all the answers right now.

Better ignore and began even if you have 70% of the information.

Make a Decision and Trade!, create Certainty!

#tradingpsychology