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10 Things a Trader Learns the Hard Way
http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Here's a list of trading lessons and mistakes most traders unfortunately learn the hard way.
1) Play long side in a bull market / Short in a bear market - this is a great approach to have especially if you're swing trading.
2) Risk 1% of trading capital - I think risk can be 1% or higher or lower depending on your approach but whatever you do make sure you're risking a low amount per capital.
3) Trade based on solid principles NOT opinion - you need to have principles; some kind of foundation for your trading strategy as opposed to trading on the fly.
4) Focusing on the current market trend makes money - very similar to the first one.
5) When I don't understand the market, stay out - this one is especially for day traders.
6) Studying the best traders is a shortcut to success - you'll never going to agree with everyone out there but you can take little bits of pieces and techniques which work for you.
7) Find a trading method that fits your personality - if you're good at making decisions on the fly or you like very active trading maybe scalping is for you..etc
8) No regrets if I stick to my trading plan.
9) I cannot predict - I can only follow what is happening - to a certain this is definitely the case but we are kind of predicting like trying to guess if a trend is going to continue..etc
10) Its possible to pull 6 figures out of the market with focus and dedication. The point is you can make money trading with focus and dedication; a bit of luck, the right skills, capital, the ability to take risk and improve.
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https://www.youtube.com/watch?v=2inZHcyRMrQ10 Trading Lessons: Learn the Hard Way or the Easy Way! 😎
https://www.youtube.com/watch?v=YGV8ySKRqH4Should I Bother Trading with Less than 10k? Trading Small Accounts Worth It? 💰
https://www.youtube.com/watch?v=dRtTJHmKTNATips for Trading with a Small Account 😐😉
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https://www.youtube.com/watch?v=epkgrx9nm3IAbout the Site 🌐
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