Realistic Goals of a Tradersubmitted by alfafinancials5 to u/alfafinancials5 [link] [comments]
Behind every success story lies a lot of determination and hardship, and most important a precise goal that motivates and leads every successful person to strive and achieve his dreams. Saying that it is also important that while setting the goals we should adopt a realistic approach and not just set them too high and then feel demoralized when not able to achieve them. So it would be better if we pursue them in small sections, which means creating stages for reaching the ultimate goal. The smaller division would be easy to achieve rather than aiming for higher goals.
“CONSTANT EFFORT TO HAVE CONTINUOUS SUCCESS”
Let us see the goals a trader must have in his life to make his dream, a reality.
A HABIT TO TRADE WITHOUT EXPECTATIONS
Trading without expectations will give you the confidence to trade even after a loss also. It is advisable to have a demo account and trade to learn the tricks and tips of trading rather than making money there are many brokers will provide the best trading platform for beginners in UAE. The process of learning will make you a better trader to trade perfectly. You can start trading for money once you learn the tricks of trading.
Become a part-time trader when trading for full time don’t serve you the best results. For time being, consider trading as a part-time business and have another source of income until you become the best trader by learning the strategies and risk management. You can step into the market as a full-time trader when you are confident and capable of managing the trade market and make profitable output.
TRY MORE TO OBSERVE THE MARKET RATHER THAN EXECUTING TRADE
The motto here is to earn money later by observing in the first stage. At first, start observing the market from outside and learn the strategies to trade and then only step into the market to trade to gain profit. Being in the market all the time is not leading you to make money, it leads you to over-trade. More traders lose money by over-trading. You will need more patience to sit back and watch the trade and step in when it is the right time. Only this will pave way for you to make money constantly in trading.
“MONEY IS MADE BY SITTING NOT TRADING” - Jesse Livermore
MAKE IT YOUR PASSION AND LIVE FOR PASSION
Traders who make money are not bothered about money and profits. Whereas, people who don’t make money in forex trading always think of money. people who love trading make money because they are passionate about trading and love trading. They take trading seriously and work for it. So follow trading as your passion to make a profit. In other words, if you have passion you can step into trading.
These are a few goals which a trader must have to have an upgrade in his life via trading. Following all this goal consistently and repeatedly will allow you to become a successful trader. Make profit by developing the skills and setting goals. Looking for a trusted and experienced best Forex Broker in UAE? Alfa Financials was the No #1 forex broker and we provide the reliable, scalable and trustworthy platforms.
“THE GOAL OF A SUCCESSFUL TRADER IS TO MAKE BEST TRADES. MONEY IS SECONDARY” -Alexander Elder
Find it all out in the great book – Alexander Elder Trading For A Living. The book is old, long (360 pages) and contains lots of wisdom behind trading theory from a known professional – A.Elder. Pattern Cycles: Trading For A Living Individual Psychology Mass Psychology Chart Analysis Neglected Essentials Various Indicators Sign Up to get this book trading-for-a-living FXL Good Forex books ... El Dr. Alexander Elder – un psicólogo certificado, así como el autor de varios libros sobre el trading de valores, lleva a cabo cursos de formación y entrenamientos sobre el trading. Es mundialmente famoso como consultor que investiga el análisis técnico y la psicología de los traders. Alexander Elder ist der Verfasser von zwei Trading-Büchern (Trading for a Living als deutsche Übersetzung Die Formel für Ihren Börsenerfolg und Come into my Trading Room, ), die Bestseller geworden sind.Er ist auch aufgrund vieler Tradingtaktiken bekannt geworden wie zum Beispiel „Triple Screen Trading“ und „Impuls-System“. Topik: Alexander Elder. Menghitung Kekuatan Bullish dan Bearish Dengan Indikator Force Index. Ria Wijaya-August 2, 2019. 0. Kategori Artikel. Belajar Forex; Binary Options; Broker Forex; Featured ; Featured; Informasi; Lainnya; Teknik Trading; Tools dan Software; Ulasan Pasar; Instagram @brokerforexcom Instagram did not return a 200. Follow @brokerforexcom >> Klik Disini untuk Menulis Komentar ... Download a PDF Book - Alexander Elder Trading For A Living & see how it is to be a trader! Home; Best Books. For Beginners; Broker Reviews; No Deposit Bonus 2019; Expert Advisors Guide; Contact; Alexander Elder Trading For A Living. October 4, 2015. How does it feel to have trading as your hobby, occupations and profession? Find it all out in the great book – Alexander Elder Trading For A ... Forex Broker Reviews ... Alexander Elder looks to be strongly biased against the automated trading systems and says that they don’t work, but, as we know, high-frequency trading is very profitable to many institutions and HFT is possible only using the automated trading systems. There are two important factual errors that caught my eye in the book. The first one is in the Trading Rules part ... It should also be noted that methods of Alexander Elder aren't just a mechanical approach but are more likely the method of trading on the exchange.This is as if one is trying to find islands of order in an ocean of chaos. The moments when the crowd that is disorganized most of the time falls under the influence of a powerful trend, all will rush in one direction. Currency Trading Broker; Contact « Attacking Currency Trends by Greg Michalowski. The New Sell and Sell Short by Alexander Elder. 2nd June 2011, 05:08 am . The New Sell and Sell Short: How To Take Profits, Cut Losses, and Benefit From Price Declines is a 2nd edition of his not very popular trading book titled Sell and Sell Short. This one is timely piece of trading education that can be of a ... Trading education for stock traders, swing traders, day traders, technical analysis for stock market. We offer monthly online webinars, trading camps, online traders community, and more. Alexander Elder, M.D. is a native Russian who defected to the United States at the tender age of 23. He has since worked as a New York City psychiatrist, Columbia University professor, and expert stock trader. Drawing heavily on his psychiatry background, Dr. Elder was so successful that he is the author of a number of stock trading insider books, and also a much lauded speaker and trainer. It ...
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