Wednesday 22 February 2017

Are You Really Committed To Your Trading Business

There are at least two very good reasons for what I’m saying and they both involve continuity. The first reason has to do with watching the market day by day. By seeing what’s happening in a market and by seeing how it’s happening, a trader is much better able to get an understanding of context and get in sync with market rhythm. And this gives a trader enough insight to know when to pass up on an opportunity and when to really hit the gas.

Key Takeaways:

  • Here at Netpicks, we’ve helped many different traders over the years and there’s one recurring theme. Retail traders frequently just don’t have the level of dedication in order to make it. In fact I see it all the time – even now.
  • By seeing what’s happening in a market and by seeing how it’s happening, a trader is much better able to get an understanding of context and get in sync with market rhythm. And this gives a trader enough insight to know when to pass up on an opportunity and when to really hit the gas.
  • Seeing what you’re good at and what you’re not is one part of this. Another aspect is then dissecting your problems and fixing them. One of the best ways to use a trading journal during every interaction you have with your trading business and the market.

"By taking the time to practice it every day you will give yourself a much better chance to improve."

http://www.netpicks.com/dont-just-another-statistic-be-commited-to-trading/

Originally published at Are You Really Committed To Your Trading Business

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