I Will Be Millionaire - Tomorrow !
When it comes to stock trading people have this misconception that if I start investing money in stocks very next day or within few days I will be a millionaire. This is due to the “wrong” advertisements that are been shown these days to attract novice traders/investors. Psychology plays a very important role here, if you enter the market with this mindset you are bound to lose money. Stock trading is very easy but to be profitable its very hard. So how to be a profitable stock trader?
Always Be Disciplined
Making money is a process – marathon and not a sprint. Make your rules, system of buying a stock and make sure you follow it.
- No Setup No Trade
- Plan You Trade & Trade Your Plan
- Risk Management
- Follow The Trend
- Don’t Be Greedy
- No Fomo
- Respect The Market
As a trader we have to follow the rules which becomes a system and this makes us a profitable stock trader in long run. You should never go against the trend respect the market even if your trade is not working out. Market is always correct incase if your planned trade is not working out exit with a small stop loss and plan for a next good setup and entry.
Before you invest in the market invest in yourself first, learn how to read the charts professionally & become a profitable trader.
Learn & Earn – Complete technical analysis course in 7 days click here. Become a profitable trader.
If you have any questions feel free to comment below.