Trading without knowing the odds is gambling

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If you know someone who trades across asset classes and trading styles, they are likely gambling.

A trader becomes the casino when they stick to one asset class and one style of trading, and get that down cold.

Making predictions, fading the Fed, and fighting the tape are all examples of gambling.

Tell them to keep their opinions to themselves and focus on getting good at one thing, and grow from there.

Click here to get your free copy of The Inner Voice of Trading audiobook.