The Benefits of Being Prepared in Trading

Wednesday, March 29 Leave a Comment

Most of the traders i have interacted major flaw in most of their trading is not being planned and prepared. Most of traders are predictive in nature, they are more interested in knowing the next move of markets. Technically speaking a traders should be reactive in nature where they trade what market is showing on screen not assuming what can happen. 
The Reactive nature comes to trader when they are prepared and planned for the trading day.
Spend few minutes before reading further and ask yourself

What do you do to prepare before you trade?

Top sports people and teams, businesses, and top traders wanting to perform well with consistency have long recognized the importance of meticulous preparation. This high level of preparation pre-performance enables them to execute to the highest level possible.
Let me discuss the Benefits of being prepared.

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