Feel like you just can’t go wrong? Made 10 out of 10 trades this month? Is the market a free ATM to withdraw as much cash as you want? We’ve all experienced times when we feel unstoppable. Complacency reduces your attention to detail and could lead to a downfall or overconfidence in a trade. That could, in turn, allow you to open the floodgates to mistakes… This isn’t a losing trade, I’ll move my stop loss… I’m going to double down as I’m on a hot streak… just to name a few. Actionable Tip: Stick to your plan… you are going to see this tip a lot! #invest #cryptocurrency #daytrader #boss #trending #grind #success

Feel like you just can’t go wrong? Made 10 out of 10 trades this month? Is the market a free ATM to withdraw as much cash as you want? We’ve all experienced times when we feel unstoppable. Complacency reduces your attention to detail and could lead to a downfall or overconfidence in a trade. That could, in turn, allow you to open the floodgates to mistakes… This isn’t a losing trade, I’ll move my stop loss… I’m going to double down as I’m on a hot streak… just to name a few. Actionable Tip: Stick to your plan… you are going to see this tip a lot! #invest #cryptocurrency #daytrader #boss #trending #grind #success http://bit.ly/2tdvuYK

If you haven’t traded for a couple of days, weeks or months because you haven’t seen anything then don’t go and trade in blind faith in making money. Lots of variables come into play such as market cycles, business cycles and volatility. Each of these variables alone can set aside short-term traders to the sidelines for months and vice versa. #stocks #daytrader #wallstreet #investing #grind #motivation #trending #lifestyle

If you haven’t traded for a couple of days, weeks or months because you haven’t seen anything then don’t go and trade in blind faith in making money. Lots of variables come into play such as market cycles, business cycles and volatility. Each of these variables alone can set aside short-term traders to the sidelines for months and vice versa. #stocks #daytrader #wallstreet #investing #grind #motivation #trending #lifestyle http://bit.ly/2tdvuYK

You Must Not Break Your Rules The only time you set a rule or a condition is after you’ve thought about it validated it and agreed with yourself that the rule should be implemented to protect you and your capital. If you break your own rules in bad faith, you are not only second guessing the market (gambling) but also sabotaging your self-confidence and conviction in your own abilities. You are better than that. Actionable Tip: Clearly define your rules with purpose e.g) Rule: I will not trade unless the candlestick has closed. Purpose: Because the market may change direction during the same direction and make the execution signal invalid. #stocks #trader #stockstrader #trading #bitcoin #quote #lifestyle #grind #motivation #boss #finance

You Must Not Break Your Rules The only time you set a rule or a condition is after you’ve thought about it validated it and agreed with yourself that the rule should be implemented to protect you and your capital. If you break your own rules in bad faith, you are not only second guessing the market (gambling) but also sabotaging your self-confidence and conviction in your own abilities. You are better than that. Actionable Tip: Clearly define your rules with purpose e.g) Rule: I will not trade unless the candlestick has closed. Purpose: Because the market may change direction during the same direction and make the execution signal invalid. #stocks #trader #stockstrader #trading #bitcoin #quote #lifestyle #grind #motivation #boss #finance http://bit.ly/2tdvuYK

Investing/Trading is not an environment you want to lose your emotions in. Losses happen, mistakes happen, life events happen. Furthermore, it is just as important to refrain from your trading plan. The plan is there because you pre-defined what must occur before you can execute a trade. Don’t let yourself down and lose reckless money. Discipline cannot be taught, sorry. Actionable Tip: Before you read any news, look at the charts, or even load up the computer – grab your trading plan and go through it a couple of times. So get the plan in your head. Spend 5-10 minutes getting the plan in check. Also, you may find it a good practice if anything comes into your head that is a distraction, write it down and ask yourself “Is this significant” “must I do this now”. #invest #forextrading #crypto #technicalanalysis #profits #daytrader #lifestyle #grind #trending #millions #motivation #business #entrepreneur

Investing/Trading is not an environment you want to lose your emotions in. Losses happen, mistakes happen, life events happen. Furthermore, it is just as important to refrain from your trading plan. The plan is there because you pre-defined what must occur before you can execute a trade. Don’t let yourself down and lose reckless money. Discipline cannot be taught, sorry. Actionable Tip: Before you read any news, look at the charts, or even load up the computer – grab your trading plan and go through it a couple of times. So get the plan in your head. Spend 5-10 minutes getting the plan in check. Also, you may find it a good practice if anything comes into your head that is a distraction, write it down and ask yourself “Is this significant” “must I do this now”. #invest #forextrading #crypto #technicalanalysis #profits #daytrader #lifestyle #grind #trending #millions #motivation #business #entrepreneur http://bit.ly/2tdvuYK

Have a standard trading size to deploy for each trade. For example, it’s common for professionals to trade with 1-2% of their total portfolio value. This, in turn, reduces risk and over-exposure to the markets. #stockmarket #bitcoin #financialmarkets #technicalanalysis #inspiration #motivation #business #entrepreneur #success

Have a standard trading size to deploy for each trade. For example, it’s common for professionals to trade with 1-2% of their total portfolio value. This, in turn, reduces risk and over-exposure to the markets. #stockmarket #bitcoin #financialmarkets #technicalanalysis #inspiration #motivation #business #entrepreneur #success http://bit.ly/2tdvuYK

An asset is never cheap or expensive. Price is price and that is what you pay. Associating these words to the price puts you into a false state of belief. You are not the market and you are certainly not in control of the stock price – how can you say if it’s cheap or not? #invest #daytrader #technicalanalysis #stockstrader #crypto #forextrading #entrepreneur #businessman #success #money #trending #finance

An asset is never cheap or expensive. Price is price and that is what you pay. Associating these words to the price puts you into a false state of belief. You are not the market and you are certainly not in control of the stock price – how can you say if it’s cheap or not? #invest #daytrader #technicalanalysis #stockstrader #crypto #forextrading #entrepreneur #businessman #success #money #trending #finance http://bit.ly/2tdvuYK

You are trading to increase your wealth and hopefully spend the money in the future, this is standard. However, whilst the money is in your trading account, it is a vehicle for you to use to generate positive returns. If you relate the money in the account to the money you need to spend on bills, this will hold you back. #trader #investor #stockmarket #bitcoin #forexlifestyle #billions #business #quote #grind #success

You are trading to increase your wealth and hopefully spend the money in the future, this is standard. However, whilst the money is in your trading account, it is a vehicle for you to use to generate positive returns. If you relate the money in the account to the money you need to spend on bills, this will hold you back. #trader #investor #stockmarket #bitcoin #forexlifestyle #billions #business #quote #grind #success http://bit.ly/2tdvuYK