And one who can hold their own under intense emotions, especially during loosing streak.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
tips for become a good trader?
- Thread starter Mauwebluefinger
- Start date
Agree!Having a strong mind is an important aspect of successful trading, as it allows traders to make sound, logical decisions and to remain disciplined and focused. If you have a good trading plan in place, then you can manage things better.the good trader is a trader who can predict the real faction of this market with certainly. hope you got the message.
I always ensure that I have a clear and disciplined trading strategy. This includes setting specific entry and exit points, as well as identifying the risk-to-reward ratio for each trade. It is also important for us traders to control emotions and not let greed or fear influence our decisions.
there is no one who can control emotions for all time , sometimes you will be attacked by emotions must after having good experience. this is common
i generally fail to control emotions when making a huge losses , after that i trade over and over and at the end of the day fall a great trouble.
over trading is very common mistake for all kinds of traders, especially for the beginner level. due to this bad trading habit, most of the beginners lost their whole equity.
the good trader can control this emotions . i hope you got the message already.
a good trader actually never make , they build by born
Emotion management comes with practise and experience. Beginner traders often will fail this as they have never trade with real money before.