Are You a trader and a gambler

When I started trading back in 2000, like most novice, traders I was actually gambling. I was luck that I found my Trading Guru who helped me in this difficult journey.

 

Traits of a gambler:  I did most of this in my early days so speak from experience

1. Failing to follow strict money management rules
2. Having no fixed strategy,Jumping from 1 strategy to another.
3. Not keeping a trading journal
4. Over trading and Over Leveraging
5. Trying to “win back” losses
6. Trading in Options to make big money overnight

Continue Reading