When we talk about trading, the success have a different mean for each person.
According to what you want for and give value to the aspects of your life, success will have a different mean. Every phase is different in trading, if you are beginner, if your is a middle or if your are already rentable, Success.
In every of them there are particular goals that represent “Success”
In common, all the stages coincide in making money sustainably and reducing losses, optimizing processes; something we can help you do with the tools we have at NeuronalTrader.
However, it does not end there; after becoming profitable, the goals are focused on multiplying and diversifying the sources of income.
Trading basics
Undoubtedly, the basics that can make a difference for success in the world of trading have to do with the following:
***Not everything is for everyone. Take the time to get to know, experiment and practice with a market that suits you.
Try as much as necessary, for as long as you consider until you are sure and mainly comfortable, that it inspires you confidence; try it until you are in a tested trading system and adequate to your own needs.
***Are you prepared for losses? Not only emotionally but also financially.
To have an adequate monetary management that allows us to maintain (“survive”) in the market during periods of losses.
In your risk plan, you must foresee a minimum unchangeable operation fund, which will increase in better times or in case of good opportunities or that in periods of bad times, will not take you out of daily operations.
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*** Keep training your mind, strengthening your technique and working on your personal growth. Don’t stop reading and being methodical with what you do in trading, what is not measured cannot be improved and in chaos or disorder it is very difficult to prosper.
Conclusion
It’s of little use to have profitability and not feel good and at peace to enjoy it and multiply it.
Try to find balance spaces, not everything can be trading, dedicate yourself to leisure and physical activity, take care of your health.
Whatever your definition of success and being successful in trading is
Success is a reflection on the outside of how things are going on the inside!
Important: The information and/or knowledge expressed in this article shouldn’t be taken as investment recommendations or financial advice. All investments and/or actions involve a risk and each person is responsible for researching, educating and analyzing before making an investment decision.
