Archives of “February 2019” month

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Keep the right mindset, believe that you are going to be a winning trader.

  
  Education
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The road to trading success is not an easy one, in fact, it can be painful emotionally, mentally, and financially, if you do not know what you are doing, this is why only 10% succeed. There will be countless times you will face losing trades and failures that if you are not committed to success in the long term, you’ll succumb to negative thoughts of failure and defeat and just quit.

In order to develop persistence and eventually succeed in your trading, always maintain a belief in yourself and your eventual success, regardless of your current account situation.  Keep your thoughts focused on doing the homework needed to take you towards your goals.  Avoid negative thoughts and feelings for it will ruin your concentration and persistence. Focus on where you are going and believe that only time stands between you and your trading goals. The power of this belief will surprise you.

THE RUNG OF A LADDER

  
Analysis, Education

rungofladder
Ask yourself: what are you working on right now that will make you a better person? What are you working on right now to make you a better trader?  What can you do to improve your life both in… and outside of… the charts?
There is always room for improvement and opportunities to move forward and higher.  We must be willing and open to take the next step, to climb the next rung, to see beyond whatever it is that may be an impediment to a clear vision of what could be.  The difficulty we may face in the climb is not in our inability to lift our foot but in our willingness to do so.

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