Why Traders Suffer from Need to be in Trade Syndrome

Tuesday, October 4 Leave a Comment

Need to be in Trade Syndrome is one of the main reason for many trading account going Bust. One of the keys to successful trading is eliminating any feeling of ‘needing’ to be in a trade. We had Monetary Policy today, My Inbox was full of question with traders asking How we should trade, What is going to happen, Shall I trade or not etc.
The reason for this is Most of Traders believe if  they miss ‘this trade’ there won’t be another one like it for a long time, This feeling happens mostly in new traders or traders having less experience.  This is not the proper way to think if you want to trade successfully. The fact is, Market is always there but can you trade the market when the next opportunity comes.
Golden Step you can make today onward for developing the proper trading mindset.is Eliminating any ‘pressure’ or need to trade or make money.

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