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NINE: Balanced Life Trading

Written by forex | Leave a Comment
Topics: Inside The Trader's Mind, Money Management, Planning A Trading Career, Trading Tips


Trading is all about making money. If you are doing it for any other reason then you are doomed for failure. You need to trade from good old mechanical thinking, which is a mark of a good trader. You get a signal you make a trade you get another signal you exit a trade. Large profit, small profit, or small loss it is all part of the process in becoming a good trader.

Now you need to meet people, get out and do things, find other interests. Remember what you did before you started trading. Spend time with your family, friends, and anyone that does not deal with trading. When you have a life other than trading you will be a better trader.

This will help you keep emotions, fear, and greed out of your trading. You will have more fun and be in a frame of mind to make more money by seeing and acting on the proper signals.

July 30th, 2008
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