Post
Topic
Board Trading Discussion
Re: 20 Rules Followed by Professional Traders
by
cluit
on 13/10/2018, 07:51:43 UTC
Get Your Personal Life in Order
Whatever is wrong in your life will eventually carry over into your trading performance. This is especially dangerous if you haven’t made peace with money, wealth and the magnetic polarity of abundance and scarcity.

I agree with this, emotions are always in our lives but when our emotions are unstable, and we are trading, it only makes our instincts unable to work because of confusion and cannot focus
A lot of suggestions that came to my attention when I started learning trading, mental, discipline and reading chart skills were the key to all that included emotions, I had experienced a 50% loss of my capital due to an unstable emotional situation, and made more than 50% profit when I have no problems in daily life
Emotions will always affect our trading, no doubt, but I feel the only way emotions can actually kick in hugely is when someone does not actually know what they are doing.

Sure, getting your personal life in order are things that will always help you but not a very huge criteria for someone who wants to be successful at trading, it is just a criteria for someone based on real life situations because no matter what you are doing, if your mental condition is in disarray and your personal life is messed up, the chances of focusing will be a lot hard, and that is something you really need when it comes to trading.