If you are just arbitrarily trading what you like without any real underlying process, procedure or strategy, the long-term odds of success are small. It is important that you create a system or strategy for yourself that helps you to trade in a manner that consistently works, reduces risk, and does not destructively put yourContinue reading “Ask These 10 Questions Every Trade”
Trading for a living is like any other professional endeavor. Like any other business, it requires a large amount of capital to go full time and the returns are irregular, almost like being a commissioned salesperson.
The correct psychology and mindset are the first step towards productive trading. They don’t ensure you’re going to be a productive and efficient trader but the wrong mentality almost ensures a loss.