of a successful trading career takes preparation, practice and perfection. You will strive for flawless execution of your trading business, and you'll get through visualizing what you want, outlining the game plan and sticking to it. As you venture into trading pits, you will learn that one of the most important characteristics of a successful trader gets the discipline. Following their game plan, rather than deterring it, you have the potential to make big money in the market.
One of the first things you need to do is set realistic goals for yourself. It is easier to achieve success when you have something to work towards. Start off small looking to earn $ 250 a day, and imagine yourself achieving that goal. Go ahead and close your eyes, visualize the check into his own hands for $ 250. What the handwriting on the salary look like? What I feel like a check in your hands? Picture every detail of your desired goal.
It is important to start small and move your way up to bigger goals, so do not get discouraged. It is also important to think positively and visualize yourself achieving goals you set forth. What a picture in your mind will be materialized in real life. If you think about the negative or the mistakes you made, you will not be successful. Think positive and your trading activities will generate a profit!
Once you have set goals for yourself, you need to run the game plan for achieving those goals. This is the part where discipline comes into play. Game plan you mentioned is your strategy to success. You create rules to guide you through the market and limits for risk management. You need to keep the game plan and do not distract from the initial strategy. I have seen too many traders say they will change their strategy, "only this time," which leads them down the wrong path. You must follow their rules all the time, every time, without exception. It is only through discipline and self-confidence that you will find shops success.
Self-confidence comes when you know that you are trading with your best interests in mind. To do this you must remain objective about the craft and not get attached to certain market positions. If you surprise the market (which will happen), it is important to be flexible about trading activities.
Trading is like any challenge. You have to prepare and practice for success before you can actually achieve. This will take time, but once you get the hang of it, your quick and sure action will be obtained through any market day.
Trade well and follow the trend, not the so-called "experts ".
