Five Important things.
1.) Follow your own rules: There is a reason why you established a set of rules, so why don’t you adhere to them? Ease your frustration by preforming like a robot. The more rule based your are the lease likely you will loose money.
2.) Set Realistic goals: Slow and steady. Have you ever heard of compounding? Well it is a beautiful thing when it comes to seeing your trading account grow over time with small gains. When you aim Big, just be prepared to loose just as much or even more!
3.) What’s your strategy: You think you have a strategy however it is inconsistent. Guess what- It’s a flawed Strategy. Many traders seek and seek “free” information, obviously all that information overload is still yielding in the same results. You need help and often times you will either pay to play or pay someone who has a consistent proven strategy.
4.) Forget about the money: Overtime a professional trader has developed a skill where they can trade the market for what it is. They see the charts and execute based off of repetition. The money is not a concern and with ease the money will come because the trader is in tune with the markets.
5.) Time: Don’t waste time! Don’t waste your time or anyone else’s for that matter. Understand that time is something you can not get back. Therefore, use your time wisely. There is not enough monetary compensation for time.
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