Being Successful in Life Doesn't Mean 💲 Success in Trading! 💹 Video
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What type of trader are you? http://www.financial-spread-betting.com/Making-a-living-spreads.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Broadly speaking there are two kinds of traders: Redoing.
Adam - he's been trading for say, 6 months and kind of knows that he is not performing very well but has a plan of action going ahead; he'll look at the market conditions and set boundaries, say focusing his efforts on a handful of markets. Adam looks at himself and admits that he is not perfect and makes mistakes; taking trades when he shouldn't, getting overexcited..etc - he's aware of his shortcomings but he also knows he's quite good at analysing stuff. He realises that he has to work on himself to get better and finally be able to start making money from the markets. So he is focused and knows that if he keeps improving his process he's going to become a successful trader.
Ben on the other hand is also losing money and isn't happy. In fact he's quite angry about it because he's been successful in life and doesn't understand why he's been losing money. So he changes trading method and looks at new markets to trade. He goes from one thing to another without focusing on any one market or strategy. Ben is always blaming somebody - the market makers or the brokers hit his stop...etc. He is not looking at himself and is trying to blame someone else for his failures. Then he looks for tips or a signal service but its a way of deferring responsibility... Unfortunately, Ben ends being bitter and negative. Try to be like Adam if you can!
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