11.07.2018 • 13:00 GMT
Looking for the Consistent Trades Rather Than the 'Hero' Trades
John Kicklighter
• For many speculators, the allure of placing a 'great' trade that impresses their peers often overrides mundane consistency
• Jumping into major breakouts, early entry in trends and systemic reversals fuel assumptions of 'hero' traders
• Such systemic developments are infrequent and carry heavy risk, while practical ranges may register small but regular wins