Tuesday 30 January 2018

3 steps to quickly become a successful Trader

Be a successful forex trader

Becoming a successful business is not tricky or elusive because you probably think right now. Whatever is necessary, there have been a lot of changes in your behavior, and more importantly, in your thinking, I recommend reading this whole article by the end because I believe the information I am sharing is Maybe you want to put together a business puzzle.

Step 1: Take the next week off from trading

If you want to improve your business right away and want to end it quickly, whatever business problems you are facing, this is an important step.

If you do not take some time off the business then you see those mistakes fairly which you are doing. So whatever you have to do, it comes out of all the positions if you have any open and closed business from the market for the next full week; Do not be in any kind of trades.
During this week, you are going to do many things, here they are in order of importance;

Review and update your trading plan:
If you are not using your trading plan, then it probably tells you why you are struggling recently in the market. So, take it out and update it; Go through it and make sure it's still what you want, if you do not have one, you have to make one.If you do not know where to start from, then contact me, I will show you how to prepare a business plan within it.

Change Your Thinking:
During the week, when you are closed during your week, you will not feel in the market. Understand that this is making you feel most of the time, this means that most of the time you should not be in the market. Most of the time you should patiently wait for the establishment of high-potential trades, in other words, you should do business like crocodile.

Organize:
I want you to organize where you do business. If you have a business office, then organize it, if you do not, then simply arrange your computer by taking out old files, etc. Next, organize your business plan into a good looking document; Print it, if you want, then break it, just show it professionally and systematically, so you are more likely to use it.

Clean Chart:
If you do not already have it, take everything from your chart, that means all indicators, etc. Set up your chart, how do I recommend business here and before my week, I want you to go to the markets where you do business, before starting the market, the main chart level

Step 2: Shift your definition of trading success

You will need to change your idea of 'successful business' from any of the 'fast money, fast cars etc.' so that your trading method and business plan needs to properly trade and then follow it. Slow and steady business race wins, fast and not impulsive. You need to understand that slow but stable progress every month is a successful business; The sooner you understand it and start behaving in a way that reflects that understanding, the more you can become a successful businessman.

Stop thinking about the 'continuous opportunities' about the market; I think about the business that 'there is a window for opportunities to make potential money, but with many traps and high risk', so you have to be careful to get caught. Through education, screen time and experience, you will eventually learn that there are many 'nets' in the market not being imprisoned in bad business signs and every week in the market.This does not mean that you will not let the trades lose, it means that you will avoid unnecessary losses which are born due to lack of preparedness and are not in the correct mental space with your business.

Step 3: Stop gambling and learn how to trade properly

 To avoid becoming a business gambler, it makes a conscious effort on your behalf. If you just run randomly with any appropriate training or business plan and you do business, then you are going to end gambling, this is essentially just human nature and how we are wired. Successful business can be used to give you more, besides, it creates strategic thinking and planning.I am not saying that it is 'difficult' or you need to be very intelligent, I am just saying that most people think what to do or what to do.
 The best part is knowing how to do business in a simple, minimal way using raw value action data. 

1 comment:

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