You all will be wondering why I am publishing this out of nowhere. I feel its important to know the value of money. Here is the question.
I am going though a very hard financial crisis (can't share everything here). I just wanted to come out of this situation as fast as i can and that's why i wanted to learn trading. Having said that let me tell you that my intentions are very clear, in a sense that i'll definitely pay the fees to the person who will teach me. I tried to convince many good traders but no one is ready to do so without money. But i have decided that i will keep on requesting seniors untill i get one.
Answer : One should not trade during financial crisis as trading is more about psychology. To become a trader who earns "jackpot" money, one should have 1. knowledge 2. patience 3. hardwork 4. time 5. trading strategy 6. discipline 7. Experience. Did I leave the important thing here? Yes... It is MONEY. You need money for your capital. If you fall in to the river as a "twig", you will be washed away in the flow. To jump in to the river as a fish, set your life in order, out of chaos and think about trading.
Dont trade during financial crisis. And dear readers dont ask me to teach trading , as time is an asset for me and I charge high amount to teach trading and ofcourse if you pass in my entrance test :)
I am going though a very hard financial crisis (can't share everything here). I just wanted to come out of this situation as fast as i can and that's why i wanted to learn trading. Having said that let me tell you that my intentions are very clear, in a sense that i'll definitely pay the fees to the person who will teach me. I tried to convince many good traders but no one is ready to do so without money. But i have decided that i will keep on requesting seniors untill i get one.
Answer : One should not trade during financial crisis as trading is more about psychology. To become a trader who earns "jackpot" money, one should have 1. knowledge 2. patience 3. hardwork 4. time 5. trading strategy 6. discipline 7. Experience. Did I leave the important thing here? Yes... It is MONEY. You need money for your capital. If you fall in to the river as a "twig", you will be washed away in the flow. To jump in to the river as a fish, set your life in order, out of chaos and think about trading.
Dont trade during financial crisis. And dear readers dont ask me to teach trading , as time is an asset for me and I charge high amount to teach trading and ofcourse if you pass in my entrance test :)
Comment:
People are ready to lose money in their trades, rather than spending it to learn about trading!
Comment:
One day I told my mentor, my health is not good and I cant trade, please give me calls. I trade using your calls. He said your health is good. You have to correct your mind. He refused to give me calls. And here I am giving analysis/calls in trading view. And you all know the reason why!
Comment:
When I get same type of query from traders, I publish as a post, so that it will be an answer for many people. Though I edit the query and wont publish their names in the post. Also publishing as an idea is useful as it gives various perspective from different people's comments. People who are afraid that their query will get published, dont ping me in PM as this site is for sharing knowledge and not for time pass.
Comment:
Weekend post is about trading psychology!
