I read a thread by downrivertrader that said the most important thing in gambling was to trust your own instinct. At the time I was trading simple S/Rbadly it was mentioned, so I thought why not? I decided to a 1:1 R/R (in actuality, less than 1R into account for disperse ) and I would exchange whenever my gut instinct told me to. Screw the rules.

I dropped 10 transactions in a row. The odds of that happening are less than 1 in a 1000. I was shocked and annoyed to get a day or 2 (live account) before I realised just how important a lesson which was. We're hardwired to screw trading up. I wished to know why.

Why do losers lose? To discover the answers hasn't been simple, although it is a simple question. Ignore the Mark Douglas bullsh*t, dismiss the threads of why 95 percent of people lose (all guesswork and badly uninformed), and to find the fact you've got to collate and analyse thousands of hours of Oanda open interest information, dozens of academic papers on retail order flow and unite with a dollop of lateral thinking.

The results are a mixture of the sudden and obvious. Some things I won't reveal here, however, the thrust of what is important I will. And why? Simple really. It merely motivates you to get into the next level, therefore it is a largely selfish endeavour, by showing what you know. I recently come to this conclusion; I always swore I'd never share any of this, so consider it while you can. Before I do however...