When it comes to trading, a majority of successful traders long-term will suggest that trading is easy once you reach a certain level. They might explain that they have a simple trading strategy and because of that simplicity they can gain consistent profits. This video dives deeper into what that really means for most traders.
"Never follow the crowd, regardless of the endeavor. Especially in trading. Studies suggest that 97% of traders are unprofitable long-term. I would estimate that number closer to 1%. That said, avoid the common misconceptions that many traders fall victim to.
Simplicity in your trading is a derivative of your experience. Your experience is going to be the deciding factor for every trading decision you make. Successful traders have seen the same situation happen thousands of times. This does not mean that they are able to predict the market, it simply means that they know how to play into the most likely option in any given scenario. Doing this repeatedly will lead to a winning trading approach.