Quote from: Out of mind on Today at 05:42:04 AM

Quote from: RioBlemz on September 27, 2023, 12:39:39 PM

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7) Series of Successes

This is difficult as one success makes you want to go on and on. Know that with series of successful trade especially in a season comes with over confidence which will make you not pay attention to your rules to effectively execute trade .

When we start trading we don't have much knowledge and know-how, but gradually we gain experience as we work. A businessman does not become successful easily, but many failures are hidden behind his success. We know that every job takes a lot of effort and time to complete. Similarly, in trading, success comes too late, after enough time and hard work, success is possible after losing money. When you get good education about trading right then if you start trading it tries to give good profit. But when you have a good understanding of the market, you can trade confidently and profit during that season. When you can trade profitably then you will focus on trading, and if you don't gain experience then you will never focus on trading.

Experience in trading is very important to be used as a lesson, before starting trading, no one is an expert only with the theory he has without any direct trading that he does and as time goes by, many things will change about us, both regarding planning and also goals. in trading and everything comes back to each individual in responding to it.
Indeed, there are some people who become greedy from a series of profits that they get, which makes them go down the wrong path, but that is not a reason to stop trading because this is not something everyone understands.