Saturday, December 14

Reward of being a Successful trader

Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don't maintain it. It's easy to make a series of profitable trades early in one's career; the difficulty is trading profitably day after day, week after week, year after year.
When it comes to maintaining profitability over the long term, one must look deep into one's psychological makeup and ask and answer tough questions:
  • Why am I trading?
  • What do I get out of it?
  • Why should I continue to trade?

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