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If at this point you are still nail-biting over your trades, it’s time to get ahold of some trader’s psychology books. Get yourself together man. And that hair.
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Malaysia MY Pretty much all we have to do each morning is wake up and turn on Trade Ideas and it’s finds us potential stocks to trade when the market opens. The trading part is up to us though haha!
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Imagine you have two screens in front of you and thousands of numbers and they are all blinking and changing from green to red to green.
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Edition Regulatory Organizations I trade for the money. I don’t have any illusions about it. But I will not feel bad about it either, nor let anyone try to make me feel bad.
In the days before personal computers, instantaneous communications, and sophisticated software, many Wall Street brokerage firms employed veteran traders to sit and interpret the paper tapes of stock transactions that spewed from mechanical tickers across the city. These traders, known as tape readers, would note the price and volume pattern of individual trades in the hopes that they could identify opportunities for quick profits. For example, if the latest trade of a stock differed significantly from previous trades in either price or volume, this might be interpreted as the work of insiders acting before news that could affect the company is announced. The tape readers would then act similarly, hoping their intuition was correct.
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I know some very good daytraders. In the long run it is possible to make money daytrading. But it’s hard and it takes years to build the psychology. Every good daytrader I know suffers from all of the above.
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Price is going to do what it is going to do regardless….of what you do. Most of us can not directly influence the outcome of any trade but there is something we can easily do. New figures show girls are being paid less than boys by their parents for the same jobs years before bosses get the chance to
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2) Overeating – Compensating for a lack of plan, you treat yourself. I guess people who don’t actually craft a plan do this, but not the traders I know. Treat trading as any other busines. Have a business plan, keep track of your records, have a pic or video of your trades. Have week meetings to review. Have discipline and perseverance and do it. The only difference with other business is that you are by yourself 100%. Psicology is important ,needs to be part of your plan. Please do not justify failure with other reasons to say that trading is impossible .trading is challenging maybe respectfully is just not for you
Apparel Excellent… If I wanted a day job, I’d find something less stressful. If I wanted to work 24/7, I’d start an enterprise that listens to me.
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