Everything is relative and perspective is everything yet nothing. Human decision making is fraught with ERRORS, which is why learning to manage risk is more about becoming aware of these perceptual errors inherent in calculating odds and value.
Daniel Bernoulli’s Expected Value = (Odds of Gain) X (Value of Gain)
Is trading really so difficult? Look at any H4 or D1 time frame and decide where you would like to get in and out for both a buy and a sell. Now do you have the patience to wait? And can you keep your risk down at around 2% of your equity? Probably not. So YES, it’s difficult. This is because humans are wired with an immunity against change that feeds off unconscious beliefs that are for the most part wrong.
I believe Zen is simply about knowing how to change. And maybe this is why the 200MA has special significance, because it’s the Middle Way for traders, a reminder that it’s just a random walk.
So it’s difficult because we make it so. Like taking good advice (or taking heart medication) … one just can’t seem to do it.
Learn to trade because it teaches one how to change.