Nifty Bank IndexEducation
THE JOURNEY OF A TRADER
🎯 THE JOURNEY OF A SUCCESSFUL TRADER
📌This is very important to understand that a traders journey is not a pretty one.
📌It's filled with stress, highs, lots of lows and a lot of hours spent analyzing charts.
1️⃣ The start : HE/SHE Starts trading with the capital
2️⃣ Initial win / Euphoria : Beginning of an excitement for initial win without knowing what has actually happened, even though made some profit luckily or unlikely.
3️⃣ Losses / Slowing down / Low traction : After making some profit started betting all the money without having an idea of proper risk management and losing all. And started complaining about the market.
4️⃣ Pivoting / Drifting and Starts learning (The actual Journey) : Its never too late to start learning. Starts learning the art of trading and doing it properly this time.
5️⃣ Quit or continue : Confused whether to quit or continue.
6️⃣ Start working : Decided to not to give up and starts working harder this time.
7️⃣ Gaining Momentum : Every thing goes good and started to know about the market. Gradually getting to know the tricks, institutional behaviors, where to buy where to sell and when to exit.
8️⃣ Breakeven : Almost there. This is where traders will be in the line of no profit no loss point.
9️⃣ Consistency and Maturity in Trading : Following discipline with the perfection of trading, Traders starting to gain consistency. Even gaining few a bucks consistently over a period of time what is matters the most.
🔟 Success : Now success is not that simple for a trader, He / She had to go through all the struggles, obstacles, Ups and Downs and with the passion for trading.
📌This is very important to understand that a traders journey is not a pretty one.
📌It's filled with stress, highs, lots of lows and a lot of hours spent analyzing charts.
1️⃣ The start : HE/SHE Starts trading with the capital
2️⃣ Initial win / Euphoria : Beginning of an excitement for initial win without knowing what has actually happened, even though made some profit luckily or unlikely.
3️⃣ Losses / Slowing down / Low traction : After making some profit started betting all the money without having an idea of proper risk management and losing all. And started complaining about the market.
4️⃣ Pivoting / Drifting and Starts learning (The actual Journey) : Its never too late to start learning. Starts learning the art of trading and doing it properly this time.
5️⃣ Quit or continue : Confused whether to quit or continue.
6️⃣ Start working : Decided to not to give up and starts working harder this time.
7️⃣ Gaining Momentum : Every thing goes good and started to know about the market. Gradually getting to know the tricks, institutional behaviors, where to buy where to sell and when to exit.
8️⃣ Breakeven : Almost there. This is where traders will be in the line of no profit no loss point.
9️⃣ Consistency and Maturity in Trading : Following discipline with the perfection of trading, Traders starting to gain consistency. Even gaining few a bucks consistently over a period of time what is matters the most.
🔟 Success : Now success is not that simple for a trader, He / She had to go through all the struggles, obstacles, Ups and Downs and with the passion for trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.