Post
Topic
Board Trading Discussion
Re: How to become a successful trader
by
gunhell16
on 22/05/2024, 05:23:37 UTC
As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
Money is of course important, because with money as capital you will get profits. Experience or knowledge can be gained by trading using a demo account but the pressure is different, so money is also important.
Use money that you can afford to lose, so trade directly with real money instead of just using a demo account, so you may lose money but knowledge increases and slowly knowledge is used to gain profits in the next trade.

Having money is an advantage, so we can easily grow an investment opportunity if we know it will cause growth in the capital that we have. Of course, it is necessary to be wise in choosing
the investment that we choose to make.

As long as we are always ready for the investment we will make, we must be willing to take risks in any investment that we allocate our capital to.
That's just what we always do as capitalists, right?