Things That kill your Trading success
Not having a plan. Get a plan, who cares if it is bad, start with
something. You can build off of it and refine it. You have to be willing to
spend the time to make the plan yours. You do not start anything without some
level of planning. Trading is hard; your brain spends a lot of time in fast
forward, affecting your memory. You can slow it down by having a plan and
increase your brains ability to remember.
Thinking trading is easy. It is not, there are times when
it can be slightly less difficult after a lot of time, patience, and hard work.
When I think to myself “this is easy” I lose my sharpness. My focus is adverted
from my goal. I will lose. It may not be on that trade but maybe the next.
Thinking you have finished. There is only one thing that
every trade is guaranteed to give me: a chance to learn about myself, the
market, and the interaction between the two. You have to be willing to be
relentless in your learning. It will enable you to learn the cheapest.
There are no buying or selling from last few days, we belive no need to be have position all the time in stock market.
