What you should know as a beginner (if you want to be a great trader)

What you should know as a beginner if you want to be a great trader

1) Only trade when you have an edge. If there are no clear opportunities, don’t trade

2) When you start trading, you need to believe in yourself before anyone else will.

3) The best traders don’t care about being right or proving themselves to anyone. Their only goal is to make money.

4) Don’t worry about what the market will do or how much money you’ll make; focus on the process and how well you’re executing it.

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The only profitable trading strategy is to know the direction/trend of the market and to avoid trading against the trend

Most importantly patience is the key, don’t chase a trend wait for pullbacks and place trades at the end of a pullback

5) When you’re new to trading, it’s easy to feel like you need to make money right away. But the more pressure you put on yourself to make money in the market, the more difficult it becomes to actually make money.

6) If you start taking trades based on how much money you’ve lost or if you keep thinking about how much money you could have made if only you’d stayed in a trade longer, then you’re going to have trouble making smart decisions.

7) Keep your trading simple. The more complicated a strategy is, the harder it is to stick to.

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8) Good traders

• Don’t brag
• Are humble
• Adapt quickly
• Ignore negativity
• Have an open mind
• Admit when they’re wrong
• Have no expectations
• Show up every day

9) The best traders don’t take their losses personally. They know that trading is a business and that losses are just part of the game.

10) If you aren’t passionate about the markets and you are only trading to get rich, you won’t last.

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Bitcoin is not only your inviolable private property, but also the digital gold to maintain and increase the value of your assets.

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11) Intuition is a real indicator, and it grows every time you see the same pattern unfold.

The more you trade, the more accurate your intuition gets.

12) Trading is about making money, not about winning or losing.

13) Trading isn’t about making money fast; it’s about making consistent progress over time.
And once you make it, you should keep some of it safe offline.

Having secure custody of your crypto or forex is essential

This is particularly true for institutional investors who often hold and trade large amounts

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14) You won’t make money trading if you aren’t willing to lose it.

15) The average trader does a lot of really hard thinking.

16) You Must Be Like A Sniper In The Market.

A Hitman Is A Very Observant Person. A Hitman Is A Very Patient Person. A Hitman Is Driven By Precision.

He’s Only Looking For A The Perfect Move To Act. He Waits And Waits And Waits, Once He Has Got A Lock On His Target What Does He Do?

It’s A Straight Kill No Miss.

Be Like A Hitman In This Market.

A Sniper Is Only Capable Of 1 Shot At A Time For A Reason, It Has A Massive Kill.

That’s What Makes The Sniper Different. You Must Wait And Wait And Wait.

When The Moment Comes Go For The Kill With Ultimate Precision. Be Like A Hitman. Be Like A Sniper🙏🏾🙏🏾

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