Quote from: atookz on Today at 03:16:19 PM

Quote from: Iamcrypticguy on August 31, 2024, 02:39:21 PM

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

Everyone must have motivation as a trader, and I believe the most important motivation is money. All traders definitely want to make a profit so they can make more money by becoming a trader.

But there is something else that motivates me to continue trading. I am more interested in trading psychology because it has an impact on myself. Trading activities in my opinion are very good for training patience and emotion. This affects me to have the ability to control myself and changes me into a more patient and disciplined person.

When you want to make money from the trading you do, of course you must first have the right ability and knowledge of trading, because it is very unlikely that someone can make money from trading without the right ability and knowledge of trading.
As a trader, of course, you must be able to control their emotions well, because everything can happen in trading and we must be ready for the situation, especially when we are experiencing failures that make it difficult for us to control our emotions, but by practicing often, of course, it will be easier for us to handle these conditions and I agree with you with trading will certainly make us more disciplined and patient, Because in trading we must always monitor market conditions before making a decision.