What are some myths and facts on trading?

1- Trading is not a game of intelligence or knowledge. If it were, scientists, engineers, and doctors would dominate the markets.

2- Trading is more about emotional control and discipline than analysis. If you're too emotionally attached to money, you will never win.

3- You don’t need information, mediate more. Accepting losses and holding onto winners is difficult.

4- Trading isn’t about predicting the market — it’s about managing risk and protecting your capital when you're wrong.

5- The only way to stay profitable in the long term for 90% of people is to Sell Options. Option selling does not carry unlimited losses. Never buy options for trading.

6- You need money to make more money. You will not survive with small capital.

7- Complex strategies do not work rather keep things simple.

8- Leverage is the way to grow your small account provided you know how to use it properly.

9- The more you stay away from the screen looking at a trade, the more the chances of winning.

10- You learn technical analysis only to realize most of it doesn't work the way it's taught.