Why Rookie Traders Often do Best

 

Often I find that my best students are the ones with little or no previous trading experience.  They are the rookies.
 
How can that be?
 
It’s simple. 
 
They don’t have bad habits and they are completely open-minded about my trading system.  
 
I don’t have to work to help them overcome a bias they may have. 
 
These "fresh" students are not mentally comparing my system to what they may have done in the past.  They are not mixing my strategy with bad habits.
 
These rookie students are willing to trust the system, and therefore follow the system as it was designed to be. 

 

 

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