New Trader: Should I Call It Quits?

[Reaver]

It's just like in the military, when you are trained, you are trained using very simple methodologies. In close quarters combat for instance, what you learn is basically to strike a target such as the nose throat or groin instead of some fancy spin kick cartwheel maneuver. Why? Because when the {crap} hits the fan, you have to be able to react and not let your mind get delayed from thinking what to do. -Slow is smooth, smooth is fast- Everything is has to be as hardwired as possible, meaning keep movement efficient and smooth and not too fancy (unless you're on a movie set). I think the same thing applies in trading. You don't want to have to reference 30 indicators or try to pick apart 20 different fibonacci lines,etc You may get confused, even if you know what you're doing...sometimes you have what we used to call a brain fart, or experience what Marty Scwartz used to call "The Sunspot Factor" which means you willjust completely do something irrational even though you otherwise wouldn't have.