Categories: Trader's World

#TradersDiary

To become a successful trader you need to think through a number of important things – your strategy, choosing a platform, a reliable broker and many others. But what you can’t miss is the tools for keeping yourself motivated.

  1. Follow a mentor. Find someone you admire and see what they did to get where they are.
  2. Try to win small but consistently. Small wins will slowly grow your confidence and you will know when to step it up.
  3. Every loss is an experience win. You only learn when you play a stronger opponent. Analyze your losses and move forward.
FxPro

Share
Published by
FxPro

Recent Posts

USDJPY Wave Analysis 26 April 2024

- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…

2 days ago

Ebay Wave Analysis 26 April 2024

- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…

2 days ago

False Alert with Yen Interventions?

Even though the Bank of Japan left the key rate and parameters of the QE…

2 days ago

Cooler Bitcoin

Market picture  Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…

3 days ago

GBPCAD Wave Analysis 25 April 2024

- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…

3 days ago

GBPAUD Wave Analysis 25 April 2024

- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…

3 days ago

This website uses cookies