06/02/2018
Pavan Kumar:
Every trader's story : a doctor, an engineer, Civil service topper, film star, sports icon definitely were the dreams of childhood, consciously or unconsciously the bottom line of any dream is we can make big money if we achieve our dream.
Not many dream about being a trader as its a bitter fact that 90% of the traders lose money. Trading for me is not less than any any profession infact the only profession which deals most closer to ultimate objective of any profession I.e money.
Few things a trader shall focus to become successful :
1.trading is not gambling , not every one can come in and go out with money, it's a skill game which needs determination, practice, strategy and ex*****on.
2.a trader like a professional driver shall know when to shift gears, when to apply breaks when to race and when to stop.
3. A trader shall act like a smart warrior who knows when to fight when not to fight, what are his strengths, his weaknesses, when to attack when to defend, when to change the strategy or war plan.
4. To become a good trader, one shall be a good individual first, how we do anything is how we do everything. Before cursing the market or saying that market is taking all my money we shall introspect what we have done to market!!
Sounds crazy but why should market give us money?
Are we respecting market? How many of us are at least spending 2 hours in evenings to find out what is happening to market , how is market? We are giving more importance to money than market . We are running and rushing for money and ignoring market. Market is like mother always wants to tell her kids (traders) where is money, when you can get money because she has more money than anyone.
Friends, a trader should always do his homework and hard work and execute in markets. No two traders are same, we all trade with our fingers on our laptops or mobiles, just like our finger prints our trading styles will be unique, don't worry about others don't compare yourself with others. You read, you practice, you strategise and you execute because you are working for your success 🍻🍻
