Recent content by Fiotrader

For me, determination is more important than intelligence since trading takes time and mental toughness. There is no way IQ could help you if you give up.

As a novice, my "a-ha" moment came when I understood there are no strict rules for trading success. For me following your instincts works really well.

In my opinion, time, patience, and persistence are important because they allow us to achieve our goals and overcome challenges. By putting in the effort and staying committed over time, we can achieve success and make progress towards our desired outcomes.

Can copy trading be used as a long-term investment strategy or is it better suited for short-term?

No, losses are important because they teach us what to avoid and what to do better next time. If we ignore losses, we won't learn anything from them and we won't know how to do better next time. So, in my opinion we should learn from them and try to change them into positive results.

Hey, how are you all doing? Any new day trading strategies that have been successful for you?

Do you have any reliable platform recommendations?

Yeah mindset is something that really matters in the market and accounts for 80% of performance.

hahah, but chances are less to loose in case of portfolio diversification.

Thank you buddy!

Money management is an important part of trading. The part I love the most. If a trader wants to trade successfully, he must first follow the Money Management rules.

Can anyone advise how one goes about setting up a copy trading account? Can I directly link my broker account or do I need to create an account first on the platform?

Imo, traders often risk more than they can afford.

Portfolio diversification is done so that you may not end up losing everything.