Summary
In this chapter, I have told you my story and presented you with the book’s structure.
Then, we went right into market myths and the reasons people believe in them. We finished with cognitive biases and how they can impact your trading, and now, we are ready to jump right into the basics.
My goal for this chapter was for you to understand the myths that losing traders believe in and to understand why get-rich-quick schemes don’t work.
The next chapter is great for new traders who will get a grasp on what happens psychologically when they trade, what mistakes they usually make, and why people lose money. Then, we are going to talk about how to read a chart and who are the market participants trading that chart.