New trader trying to put a trading plan together
Sep 11, 2020 at 09:42
ParticipantLAD posted:
Hey Walpants, Good on you for asking this question as it's a foundation must of trading.
You first want to focus on your timetable, What obligations do you have currently? Job? Children? Morgage?. As this will decide how much time you can place into your chart to left click your strike rates.
Second, What is your strategy?. What are your rules?. Can you confirm that it has a frequency that will deliver consistency. This will create your income.
Third, From the first when you turn off your charts you turn off the mode of thinking about your positions. Providing you have rules and the confidence to see your positions through as trading is a job at the end of the day and must be respected as one.
Think about these first.
ParticipantLAD.
hello sir.
thank you for advices. it really makes me to think about my future trading plan.
Member Since Jul 20, 2020
341 posts
Dec 17, 2020 at 11:58
new traders always try to make money quickly from this market. This is a very bad habit. Most traders lost their money because of their impatience nature.
Member Since Jul 20, 2020
232 posts
Dec 17, 2020 at 13:47
ElliotCooke posted:Yes. I agree with you. Most traders make this mistake in their trading.
new traders always try to make money quickly from this market. This is a very bad habit. Most traders lost their money because of their impatience nature.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
