​Five Ways of Unconventional Thinking Demystify How Senior Traders Make Money

1. Not too much time spent on market analysis

In essence, profit gaining refers to quantifying profitable results with high probability and the profit-loss ratio based on a complete trading system. As for lucrative trading charts, senior traders can find their stop-profit/stop-loss points and seize trading signals in one minute all the time. It is not the case that enjoying steady profits should rely on the analysis of market trends.

2. No dependence on EA (expert adviser)

Speaking of an excellent EA, the cooperation between a strong R&D (research and development) team and well-experienced forex masters is usually necessary for its creation. Therefore, this appears to be a castle in the air, provided the lack of certain channels or funds.

Besides, any computer program is impossible to be timelessly effective due to the ever-changing market. As such, the brain is the best trading instrument.

3. Not that vital are fundamentals

Senior traders don't rely on fundamentals as all changes will be reflected in advance via market prices and behavior.

4. Not impacted by so-called “experts”

It is trading charts instead of any expert comment that should be believed in because of their necessary information implied. Please don't be affected by others when you are making a trading decision.

5. Not too much attention paid to success or failure

A certain method/theory is only a probability of success in transactions. Too much emphasis laid on profits and losses can place you in danger. Simple trading mentality, combined with simple and efficient trading tactics, can award continuous benefits to you.

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