The odds are high that your trading charts are hindering your ability to make good trading decisions instead of assisting you. The reason is partially to do with your brain’s ability to take in information:
Neuroscience studies show that the brain is only capable to process up to a maximum of four separate pieces of information in any 60 second period. Add to that the fact that your brain is already overloaded with large amounts of mainly useless information and the dilemma becomes obvious:
Traders are using too much information to trade off.
I teach the traders I work with the simple technique of “less is more”. Invariably met with immense resistance to begin with. When the traders finally begin to listen and apply my suggestions their trading improves markedly. I am not taking about one week or two week wonders. Anyone can trade well for a week or two. I am talking about trading decisions with sustaining trading performance over many weeks and months.
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