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. #wallstreet #investor #forexmentor #stockstrader #forextrading #millions #lifestyle #grind #goals #motivation #trending

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. #wallstreet #investor #forexmentor #stockstrader #forextrading #millions #lifestyle #grind #goals #motivation #trending 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. #forexlifestyle #forex #technicalanalysis #business #motivation #millions

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. #forexlifestyle #forex #technicalanalysis #business #motivation #millions 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”. #daytrader #investor #stockmarket #forextrading #bitcoin #stocks #goals #motivation #business #finance #successful #inspiration #billions

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”. #daytrader #investor #stockmarket #forextrading #bitcoin #stocks #goals #motivation #business #finance #successful #inspiration #billions 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. #investing #stocks #crypto #cryptocurrency #forexmentor #stockstrader #grind #billions #motivation #businessman #successful #business

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. #investing #stocks #crypto #cryptocurrency #forexmentor #stockstrader #grind #billions #motivation #businessman #successful #business 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? #trader #trading #daytrader #millions #money #goals

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? #trader #trading #daytrader #millions #money #goals 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. #bitcoin #forexlifestyle #investor #crypto #stocks #stockstrader #boss #finance #successful #business #motivation #inspiration

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. #bitcoin #forexlifestyle #investor #crypto #stocks #stockstrader #boss #finance #successful #business #motivation #inspiration http://bit.ly/2tdvuYK

If the above title comes at a surprise to you, you best get back into the education arena. You do not buy shares for the sake of it. Your goal is to have the smallest risk and ascertain the highest reward. You should be constantly evaluating your risk. Risk is the only true factor that remains the same when we trade and therefore is the what we should focus on. #bitcoin #investing #trading #quote #lifestyle #entrepreneur #billions

If the above title comes at a surprise to you, you best get back into the education arena. You do not buy shares for the sake of it. Your goal is to have the smallest risk and ascertain the highest reward. You should be constantly evaluating your risk. Risk is the only true factor that remains the same when we trade and therefore is the what we should focus on. #bitcoin #investing #trading #quote #lifestyle #entrepreneur #billions http://bit.ly/2tdvuYK