To start a career as a trader, it is important that you are willing to put in the time and effort. Trading is not a quick and easy way to make money. As you trade it is important to understand what trading means to you and how it will affect your life. Trading is a lifestyle, not a short term game. There are many traders who say they want to make a lot of money trading but … [Read more...] about Don’t Think About Money, If You Want To Make Big Money Trading
Profitable Traders Do Nothing Most Of The Time
Most of the traders lose their hard earned money in the markets because they do too much – they think too much, they too much time looking at charts, they over-trade, and they risk too much than they should. You can read charts all day long but if you do not know what to trade, you will not succeed. In this day and age, the majority of successful traders and investors spend … [Read more...] about Profitable Traders Do Nothing Most Of The Time
The Reasons Why Professional Traders Win, and Novice Traders Don’t
Professional traders succeed making money in the markets because they are doing something different from you. It is possible for you to make money in the trading markets but you need to know what the professionals are doing differently from you. You can learn what they are doing differently by reading this article. A typical day for a professional trader is probably … [Read more...] about The Reasons Why Professional Traders Win, and Novice Traders Don’t
How to Trade Without Losing Your ‘Shirt’
It is important for a trader to be good at both offense and defense. When trading in the market, good offense can make you a lot of money. However, good defense is much more important than good offense as it helps preserve your hard earned profits. Let’s discuss in this article what to do to avoid giving back profits and losing money to the market. Avoid the chop and … [Read more...] about How to Trade Without Losing Your ‘Shirt’
The Top 3 Ways To Find The Best Trading Opportunity
Many traders are always in search of trades. This can lead to them making rash decisions and putting their trading accounts at risk. It is never a good idea to trade without a plan. This is the number one reason why most traders fail. You must have a clear plan before you begin trading. The best trades I have taken have simply appeared. I was not looking for them and … [Read more...] about The Top 3 Ways To Find The Best Trading Opportunity