Pages:
Author

Topic: How to become a successful trader - page 4. (Read 401 times)

sr. member
Activity: 784
Merit: 306
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 16, 2024, 06:40:56 PM
#9
As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.

As a successful trader you said, if I was already successful at trading, that means I have understood the trading market and don’t need to concentrate more on learning but use that knowledge to know how to make more money in my trading. Learning never ends, and even successful traders are always going after new strategies for them to maximize their profits when it comes to trading. Focusing more on the learning process instead of how to make money should be more direct to a newbie that just joined the trading market than saying it to a successful trader.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
May 16, 2024, 06:28:49 PM
#8
It's not just trusting the process when trading but also needs psychology and good strategy because if you do it wrong even if you trust the process you will never make any profit.
It is a part of fear and greed if you can't control this emotion it could affect your trading style.
Trading is not just a game of emotions but most likely a mental game. So if you don’t have the skills and good strategies to win your trades, your faith will not work out. You have to work on your faith as well as enhance your trading psychology and technicalities in trading, otherwise you will easily fall more as a gambler than a successful trader. Don’t just trade to earn, but trade responsibly and appropriately.
legendary
Activity: 3472
Merit: 3217
Playbet.io - Crypto Casino and Sportsbook
May 16, 2024, 06:01:36 PM
#7
It's not just trusting the process when trading but also needs psychology and good strategy because if you do it wrong even if you trust the process you will never make any profit.
It is a part of fear and greed if you can't control this emotion it could affect your trading style.
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
May 16, 2024, 05:38:30 PM
#6
As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.

It's really hard to come on that conclusion of being a successful trader unless you've proven yourself through riches from profit that you've gained.
Losing money was really painful with trading, and winning a legacy looking to the target that you hit in so many times of patience; that I definitely say successful.
For now, even myself I couldn't say I've been to that level because I couldn't prove myself being lucky enough to be one of the rich guy who came from trading crypto.
full member
Activity: 658
Merit: 172
May 16, 2024, 05:10:23 PM
#5
so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
Another translation of this is that you have to be really more passionate about trading and be interested in it than just only the money you can make. if you are passionate about it even when you are making money you would not want to take a relaxed position but you will still want to improve more on your trading as a trader, but if money is just your focus the moment you start making money from trading there's a chance that you can become a relaxed and forget any need to strive for improvements.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 16, 2024, 04:57:50 PM
#4
and once you are focus it you never lose your money in trading
Don't say this, the best and successful traders are still losing today.

so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
No doubt about the focus so that you won't get distracted. But don't make it sound like an easy thing to do.

Trading is a good source of money when you're good at it but in reality, the majority losses as per doing their trades even the experienced ones.
hero member
Activity: 2716
Merit: 904
May 16, 2024, 04:53:48 PM
#3
For you to become a successful trader, make sure to have your own stable job first so you won’t be pressured and force yourself to hit profits in trading. Note that trading is very unpredictable due to its uncertain market, so even if you have predicted some potentials to win your trades, still there won’t be stable guarantees that it’s gonna happen since there could be sudden twist and turns that will change the position of your trades and see them losing at the end.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
May 16, 2024, 04:23:57 PM
#2
Also use the amount of money that you can afford to lose to trade can be the beginning of a trader understanding about what trading is. Trading is very risky and should be seen like gambling though it is not gambling. That will help the trader to know that it is important to use an excellent risk management. Trading should not be seen as a means of making money, but as a means of making an additional money to your source of income if possible, but do not expect much from trading.
newbie
Activity: 14
Merit: 0
May 16, 2024, 04:06:13 PM
#1
As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
Pages:
Jump to: