"Luck is preparation meeting opportunity"
You wish and daydream for that perfect trade each day, when the most important question is left unanswered by you, which is...
What have you done, how are you working towards achieving that perfect trade you so day dream about.
Stop being a procrastinator and day dreamer, wake up and start working towards your goals.
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#trading
##life
#freedom
#finance
๏ฟผ
"Risk comes from not knowing what you are doing "
Trading isn't gambling.
Risk management is what seperates a trader from a gambler.
If you have weighed the pros and cons of a trade idea, and you have a trading plan in place, then you are simply trading what you believe are favourable odds.
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#trading
##life
#freedom
#finance
I see you all have been waiting for the "traders quote of the day" well here you go
"If you are uncomfortable with your losing position, avoid throwing more good money into it ".
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#trading
##life
#freedom
#finance
"Yesterday home runs, don't win today's game"
Everyday is a new day for each trader.
Just because you have been winning trades for the past one week doesn't mean tomorrow's trade is a sure win.
The results of your past trades, weather the were winning or on a losing streak, shouldn't affect how you handle your next positions.
#bitcoin
#trading
##life
#freedom
#finance
"The goal of the successful trader is to make the best trades, money is secondary"
Concentration on being a good trader, and the money would follow.
It's all about the mindset
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#trading
##life
#Freedom
#finance
One thing I have to come understand about trading is that;
"You have to jump into the pool and make your own mistakes, if you want to learn about the market that you are trading."
Your experience would not only ensure that you don't repeat your mistakes, but it would also make you trust your own judgement over others.
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#trading
##life
#freedom
#finance
"The game though me the game, and it didn't spare me the rod while teaching"
The best way to learn about the trading game, is to play it.
You can read bazillions of books, sign up for classes, and talk to a mentor for hours and hours, and you still won't be as skilled as someone who went ahead and made his first trade.
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#trading
##life
#freedom
#finance
"Every battle is won or lost before it is ever fought"
Every trade is a battle, and winning battles requires preparation.
And since uncertainty is the only thing that is certain about the market, you should learn to identify the possible scenarios and prepare contingencies for them.
Having plans for every likely scenario, increases your chance of closing your trades without loses.
#bitcoin
#trading
##life
#freedom
#finance
Trading the say is easy.
To much people it's just about clicking on the "Buy" and "Sell" button
On MT5. Well the say experience speaks louder than words
Try and see
#bitcoin
#trading
##life
#finance
#freedom