Post
Topic
Board Trading Discussion
Re: My trading constitution.
by
nlovric
on 21/06/2023, 14:50:01 UTC
Every trader has his own trading constitution. I also have my own trading constitution which I always try to follow. As per my constitution I try to approach financial markets with disciplined knowledge and long term perspective. Before I invest anywhere I independently do my thorough research and analysis. I follow risk management strategies and do thorough research while reinvesting. I think I learn from the financial losses I incur through trading to improve my future performance. I try to stay aware of market trends global events economic indicators and above all I keep my patience consistent thinking long term investment thinking rather than short term investing. I think with these principles I will achieve success in my trading at some point.
It is great that you have your own trading philosophy and approach the markets with knowledge discipline and a long term outlook. Your dedication to making well informed decisionand safeguarding capital is evident in the substantial independent research and analysis you conducted before making an investment as well as in how closely you followed risk management plans. A key skill is the ability to use financial setbacks to better one performance moving forward. You stand out because of your knowledge of market trends world affairs and economic indicators as well as your persistence and persistent long term investing thinking. You improve your chances of succeeding in trading by remaining informed and avoiding short term thinking. You are on the correct track to achieving your trading objectives if you are persistent and apply your trading constitution.