Traditional trader training goes something like this:
– learn a setup
– play the setup everywhere you see it
– make sure your returns are at least twice your risk
There are countless outlets that attempt to “educate” aspiring traders, showing them “how easy” trading can be if you simply follow a precise set of rules. But this also goes for aspiring traders that know better, that avoid the sales pitches and that understand there’s nothing easy about trading. They also fall victim to the notion that consistency is achieved by following a mecchanical set of rules.