Re: 4 Things Traders Must Do To Be Successful

I am new to trading, and I just started a month ago. And even though it was just a month, I already learned a lot (especially about myself Cheesy

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I thought trading is easy, that you can earn a lot of money in an instant. So I just deposit on my account and without any knowledge, I do trading (without using indicators, and so much more). And then boom! I lose all my money in just a minute. That when I learn that your emotion is your greatest enemy in trading. Use your brain not your emotions in trading. I've learned that emotion can save you, and it can lead to wrong decisions.

It is very good that you are a realist. Great that you understand your mistakes: it means that soon, you will stop making them. Finally, you will become a skillful successful trader.

I think in trading there won't be any easy way to make money because we shouldn't consider it as easy. After many failure and experience will help us to make some decent profit with a lot of dedication and patience.

Most trader's has came from failure, maybe because of lack of knowledge and skills that may become mistake. But what make people encourage to trade is to learn from mistakes and comply the wisdom to be more skillful on every deliberation we create on trading. Thus, only ourselves can mangae the possible outcome and in order not to get loses, hold the emotions that attached you to act more aggressive.