To trade effectively we need a trading system and it doesn;t mean buying fancy computers with 2 large screens to watch the prices appear in green and red. It means to have a plan and what's your trading plan? We all love this idea of copying other people's plan and believing we can make money quick.
It doesn't work that day because you don't understand the strategy fully. Only few people do understand their trades and become successful each time. Do you have a plan or routine? what's your trading routine? it's not just looking at the prices and dreaming to yourself that the prices would move in your favour.
We create a plan initially and we would start to change the rules each time, it's not going to work. Because the rules are rigid there is very less dynamic factors to it. If you want to get rich trading stocks, just understand the system.It can take one year to 2 years or more than 10 years. But don't stop the learning process. There are plenty of books out there and plenty of video courses out there that would educate you to trade better.
Ignore the fear and you can trade better. Risk very less in the initial stages and you are good to go. Most people want to get rich by 30 and by 40 they are bankrupt again. Follow a system of trading stocks that would fetch you easy returns month after month. Are you progressing? are you making that effort to become the best version of you?
Learn the foundation of stock market and go slow. Stock trading is a side hustle and it's not your real time profession. I see college grads going full time and losing their money as well as their precious time with it. Have you made one good trade today then move on to other work! you are investing your time to make money and if you have made money then move on.
because the time is running fast
It doesn't work that day because you don't understand the strategy fully. Only few people do understand their trades and become successful each time. Do you have a plan or routine? what's your trading routine? it's not just looking at the prices and dreaming to yourself that the prices would move in your favour.
We create a plan initially and we would start to change the rules each time, it's not going to work. Because the rules are rigid there is very less dynamic factors to it. If you want to get rich trading stocks, just understand the system.It can take one year to 2 years or more than 10 years. But don't stop the learning process. There are plenty of books out there and plenty of video courses out there that would educate you to trade better.
Ignore the fear and you can trade better. Risk very less in the initial stages and you are good to go. Most people want to get rich by 30 and by 40 they are bankrupt again. Follow a system of trading stocks that would fetch you easy returns month after month. Are you progressing? are you making that effort to become the best version of you?
Learn the foundation of stock market and go slow. Stock trading is a side hustle and it's not your real time profession. I see college grads going full time and losing their money as well as their precious time with it. Have you made one good trade today then move on to other work! you are investing your time to make money and if you have made money then move on.
because the time is running fast
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