It is not about the amount of time that you have spent trading it is always, what is the new thing that you learned about the market on a day to day basis the market today will not be the same market tomorrow and the rhythm of the market will also change will drastically and thus it is essential then you learn to find the beat of the market at a fast pace, If you have done all can produce a good result and still not an ability to reach the success the that you want to want to reach
Here are a few pointers that you can look into in order to become a professional stock trader and be the best in it.
This is one of the first things that they will be really good at , they will not allow anything that can take off their attention from the trading charts thought this might be very difficult at the first this is the only way that you can get to be a professional and the maximum distraction that they will have is watching a live news channel in mute mode and this they will do in order that they will be able to analyze and think in a logical manner coz even a little mistake in trading is sufficient to get the score down to very low place and to recuperate from it will be a very difficult for you. Thus it very essential to have undivided attention.
Don’t waste your time staring at the screen aimlessly.
This is another mistake that the armatures do in order that will know how to trade much better, to learn to trade much better it is essential that you go to your past journals and check out your trades and find out the errors that you made and come up with better ways to trade in a much better manner.and don’t waste the time staring at the screen in your trading chart, let the trade come to you this is one of the most common mistakes done by the amateurs.
Overconfidence the stroke of death.
Overconfidence is one of the major problems most of the amateurs face, this is like an addictive game, as soon as the amateur wins the trade he become very overconfident and then does something that is very unwise, and then they lose and they get back to their normal character, before you can make this mistake it is essential that you never trade out of overconfident base all your trades on the sold analytical or probable proof and only then trade don’t trade just for the sake of and run under loss in a huge amount hence it is always essential that you never trade in overconfidence .
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