The 2 Types of Trading Mindsets!
Hello Traders!
Here I have identified the 2 different mindsets you can having when trading forex, crypto, indices and stocks.
These are the challenges I have had to face in my trading career to become as profitable as I am today! The main reasons for failing to make profit while trading is because of the 99% mindset most people have. Many reasons for failing to take good trades are due to the impatience and the lack of discipline within yourself.
One key issue I have learned over my trading career is a trading plan in critical! Failure to prepare = Preparing to fail.
With a solid trading plan you will never feel emotional or lack of confidence when taking a trade as you will have strict rules you always follow. Removing this emotional fear of loosing money or failing to reach you take profit will help you out win the long term as you never feel that pressure and is one of the biggest reasons a trader fails to trade and sustain consistent profit.
The 1% mindset is the prime mindset you want to have and sustain while trading. Manging you mind and following strict rules is how people become millionaires from trading. Rather than being reactive to the market conditions be proactive and be prepared for any scenario!
Thanks for taking the time to expand your knowledge!
Check out my other ideas below!
Here I have identified the 2 different mindsets you can having when trading forex, crypto, indices and stocks.
These are the challenges I have had to face in my trading career to become as profitable as I am today! The main reasons for failing to make profit while trading is because of the 99% mindset most people have. Many reasons for failing to take good trades are due to the impatience and the lack of discipline within yourself.
One key issue I have learned over my trading career is a trading plan in critical! Failure to prepare = Preparing to fail.
With a solid trading plan you will never feel emotional or lack of confidence when taking a trade as you will have strict rules you always follow. Removing this emotional fear of loosing money or failing to reach you take profit will help you out win the long term as you never feel that pressure and is one of the biggest reasons a trader fails to trade and sustain consistent profit.
The 1% mindset is the prime mindset you want to have and sustain while trading. Manging you mind and following strict rules is how people become millionaires from trading. Rather than being reactive to the market conditions be proactive and be prepared for any scenario!
Thanks for taking the time to expand your knowledge!
Check out my other ideas below!
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