How to Improve Trading Success
1. Ask yourself do you really want to take trading as a profession
Do not get excited seeing Big Profit shown on Social media by fellow traders. Do not get excited when someone tell you i am having a system which has 80% success ratio. Well all these can be true but the Million Dollar Question, Do you have the right mindset to trade. Are you comfortable seeing Losses, Are You mentally tough.
Before you can develop persistence and eventually achieve success in the tough trading game, you need to first identify if this is truly what you want to do. If you are only doing this for the money then the odds of you making it through the learning process is very slim. You have to be ‘foolish’ enough through your initial losses to believe that you can rise to the top 5% of profitable traders.
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Do not get excited seeing Big Profit shown on Social media by fellow traders. Do not get excited when someone tell you i am having a system which has 80% success ratio. Well all these can be true but the Million Dollar Question, Do you have the right mindset to trade. Are you comfortable seeing Losses, Are You mentally tough.
Before you can develop persistence and eventually achieve success in the tough trading game, you need to first identify if this is truly what you want to do. If you are only doing this for the money then the odds of you making it through the learning process is very slim. You have to be ‘foolish’ enough through your initial losses to believe that you can rise to the top 5% of profitable traders.
Continue Reading
posted by Bramesh at
4:08 PM
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