Experiencing a loss can no doubt discourage a trader and make them feel like they’re not good enough to trade successfully and get payouts. Thinking that all their efforts are in vain can be the greatest enemy to a person’s motivation, especially if they’re looking at other traders who are consistently successful on the market.

But as we pointed out earlier, it is not about comparing with others and rating your success against other traders’ successes. It is your progression that is important to track and sure, you may be experiencing the low time of your trading career right now but it is important to remember that you’ve also had good times.

 

Remembering the previous successes and payouts you’ve earned from past trades is a good answer on how to motivate yourself in financial trading. It can show you that while you may currently think otherwise, you are good enough to keep on trading. You have the potential to succeed and the past successes are nothing more than reminders of that.