I'm splitting up the charts here on TradingView to bring some value to all of the new and existing traders. What do you think are the keys to becoming a successful trader?
In my opinion trading can be broken down into three distinct core principles: 1. Mindset 2. Knowledge 3. Experience
Everyone please feel free to leave your opinion below in the comments.
Have a plan, Know your targets, wait for the trade to come to you. Ive learned this the hard way through breaking rules and impulse trading. The hardest thing I found was to try and break the mind set of 'I must always be in a trade' Getting there slowly but surely
LewisGlasgow
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Thanks for the share, I also learned this the hard way as I was too eager to enter trades. Like you said yourself impulse trading and this may turn into revenge trading if you're not careful. Totally agree with you!
ShahidKhan
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yes u r right, but patient also important.
LewisGlasgow
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One of the most important I would say, especially for long term traders
LewisGlasgow
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One of the most important I would say, especially for long term traders
olly_price
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In order to reach a successful point: discipline and experience. In order to sustain that position, mindset and psychology.
LewisGlasgow
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Very well put, thanks for the share!
captain_smollett
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Knowledge, patience and discipline
LewisGlasgow
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Couldn't have said it better myself, patience is one most forget about when placing trades