Successful trader is always an emotional battle for speculators , not an intelligent battle.He knew that his biggest enemy was his emotions.
Improve trading psychology :
- Be realistic view about your trades:
If you taking a position based on some strategy,
Don't expect every trade end with profit.prepare
for IAM OK WITH IT HITS THE STOPLOSS.
- Analyse your trades :
This is best thing to improve trading your skills.
Most of the time focus on live markets like
running race.stop it .do work after market .
And observe your trades.why it is end with green ,
why it is end with red think about possibilities
then you have better clarity about your actions.
Reasons why stock market is considered as the hardest way to make easy money is because there are too many variables to consider to successful.
1.Strategy (10%)
2.Risk management (30%)
3.psychology (60%)
YOU CAN IMPROVE YOUR TEMPERAMENT ONLY THROUGH EXPERIENCE, THERE IS NO SHORTCUTS.
Improve trading psychology :
- Be realistic view about your trades:
If you taking a position based on some strategy,
Don't expect every trade end with profit.prepare
for IAM OK WITH IT HITS THE STOPLOSS.
- Analyse your trades :
This is best thing to improve trading your skills.
Most of the time focus on live markets like
running race.stop it .do work after market .
And observe your trades.why it is end with green ,
why it is end with red think about possibilities
then you have better clarity about your actions.
Reasons why stock market is considered as the hardest way to make easy money is because there are too many variables to consider to successful.
1.Strategy (10%)
2.Risk management (30%)
3.psychology (60%)
YOU CAN IMPROVE YOUR TEMPERAMENT ONLY THROUGH EXPERIENCE, THERE IS NO SHORTCUTS.