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Topic: The Power Of Healthy Trading Habits (Read 160 times)

copper member
Activity: 43
Merit: 0
World's First Hybrid Liquidity Aggregator
September 04, 2020, 09:27:52 AM
#8
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legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
December 21, 2017, 10:46:26 AM
#7
'Doing the right thing at the right moment is the key'? I mean... no shit? Isn't the problem that it's impossible to know what the right thing to do is with any real certainty?

yeah, the article is a little vague about it though. but it is an important point. that being timing. to take actions "at the right moment". also there is no possible way to explain to someone when is a "right moment" because it differs in each market and depends on the situation.

for example a right time to sell is before a dump starts. not after it. a right time to buy is also before the rise not when a bubble forms.

these things are usually too obvious to even say but at the same time you would be surprised to find out how many don't even know them and never pay any attention to them.
sr. member
Activity: 560
Merit: 250
December 21, 2017, 08:47:46 AM
#6
Yeah, I don't see what the point of this topic is.

'Doing the right thing at the right moment is the key'? I mean... no shit? Isn't the problem that it's impossible to know what the right thing to do is with any real certainty?

This sounds like one of those 'self-helf-inspiration-educator-charlatan-come-watch-my-youtube-channel-because-i-need-views-since-i-am-not-a-real-trader'.

ha-ha, true that, mate. I guess that guy is just trying to get some more attention and create an image of a "true professional"
full member
Activity: 353
Merit: 100
December 20, 2017, 01:44:06 PM
#5
The problem is that we dont really know when it is the right time to do some trading.. it is just a nature thing, when you see a cheap price you are tempted to buy.. it is not because your instincts are telling you to do so.

'Doing the right thing at the right moment is the key'? I mean... no shit? Isn't the problem that it's impossible to know what the right thing to do is with any real certainty?
newbie
Activity: 40
Merit: 0
December 20, 2017, 12:08:50 PM
#4
Yeah, I don't see what the point of this topic is.

'Doing the right thing at the right moment is the key'? I mean... no shit? Isn't the problem that it's impossible to know what the right thing to do is with any real certainty?

This sounds like one of those 'self-helf-inspiration-educator-charlatan-come-watch-my-youtube-channel-because-i-need-views-since-i-am-not-a-real-trader'.
full member
Activity: 224
Merit: 100
December 20, 2017, 12:08:14 PM
#3
“The right trading behaviors start as rules and evolve into habits.” – Brett Steenbarger

Successful trading is all about respecting key rules to minimize stress. Healthy trading habits gives excellent results. Doing the right thing at the right moment is the key. In trading, you should learn what you need to do in order to be successful. You should start by educating yourself, trading systems, trading methods, trading plans, risk/reward ratios and win rates are new thing for the beginners. That's exactly why they should do their own researches, find good sources of trading information, get around experienced traders and read great trading material in order for them to develop trading habits. Discipline is one important thing in trading, you should develop trading rules. If you have the right rules they will gradually become part of your trading personality, and when it becomes hard for you to break those rules that's when you know that you have reached trading maturity.


https://aix.trade/2017/12/20/the-power-of-healthy-trading-habits/

I think this is the same for everything in life, all it is really saying is that you should follow good principles and in time those principles will become habit and you will do them without even questioning your decisions.

Yeah but the only difference here is that this process involves money which is inherently more important than most of your other daily routines in life. Also it sounds like common sense but you would be surprised how many people don't manage their stress, have any goals whatsoever, and are lacking in their control of emotion. I would only add to that excerpt that control of emotions is as vital as those things mentioned.
full member
Activity: 434
Merit: 103
December 20, 2017, 11:57:38 AM
#2
“The right trading behaviors start as rules and evolve into habits.” – Brett Steenbarger

Successful trading is all about respecting key rules to minimize stress. Healthy trading habits gives excellent results. Doing the right thing at the right moment is the key. In trading, you should learn what you need to do in order to be successful. You should start by educating yourself, trading systems, trading methods, trading plans, risk/reward ratios and win rates are new thing for the beginners. That's exactly why they should do their own researches, find good sources of trading information, get around experienced traders and read great trading material in order for them to develop trading habits. Discipline is one important thing in trading, you should develop trading rules. If you have the right rules they will gradually become part of your trading personality, and when it becomes hard for you to break those rules that's when you know that you have reached trading maturity.


https://aix.trade/2017/12/20/the-power-of-healthy-trading-habits/

I think this is the same for everything in life, all it is really saying is that you should follow good principles and in time those principles will become habit and you will do them without even questioning your decisions.
newbie
Activity: 89
Merit: 0
December 20, 2017, 11:36:19 AM
#1
“The right trading behaviors start as rules and evolve into habits.” – Brett Steenbarger

Successful trading is all about respecting key rules to minimize stress. Healthy trading habits gives excellent results. Doing the right thing at the right moment is the key. In trading, you should learn what you need to do in order to be successful. You should start by educating yourself, trading systems, trading methods, trading plans, risk/reward ratios and win rates are new thing for the beginners. That's exactly why they should do their own researches, find good sources of trading information, get around experienced traders and read great trading material in order for them to develop trading habits. Discipline is one important thing in trading, you should develop trading rules. If you have the right rules they will gradually become part of your trading personality, and when it becomes hard for you to break those rules that's when you know that you have reached trading maturity.


https://aix.trade/2017/12/20/the-power-of-healthy-trading-habits/
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