How Do Two Exact Stock Trading Strategies Have Different Results? Part 5
The art of stock trading is so unique like any other job. You can trade whenever you like, as long as you like, anywhere in the world as long as there is internet connection. You're in control of your own decisions, don't have a boss breathing down your neck, the positives are endless.
Trading is probably one of the easiest things to get into, but to become successful is totally different. To become a doctor, lawyer, surgeon, you have to go through years of studying to gain the qualification and then work in the industry, but in trading all you need is a minimal start up capital, brokers account and your ready to start. This is why the majority of traders after 6 months have blown their account. This is generally down to the lack of trading knowledge.
Whatever the outcome of a trade is, you are responsible for it.
Get a pen and paper and write down the emotions you feel while in a trade and the effects it has on your decision making. See trading as a profession. This is your passion, love, become diligent and perfect you art. Practice makes perfect. The only way you will get better is by putting in time and effort. In trading, we have a saying, you are either consistent or non-existent. Focus and you will be rewarded with success in the future.
You can do it because I have.
Bless
Related Tags: stock market, online trading, online stock trading, market shares
http://www.onlineinvesttrading.com
My name is Ken Otalor, I am a professional stock trader. I trade all the major markets including futures, commodities, stock, indices and bonds.
I have a office based in London, where I teach aspiring traders how to reach trading mastery.
In my trading career, I have found that by having dedication, passion, determination, consistency and belief are the important traits needed to become a successful stock trader.
"Example is not one way to teach, it is the only way to teach"
Albert Einstein
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Free Online Stock Market Software
It can be quite tough to find good stock market software there are just so many options out there to - Few Essential Commodities That Are Traded
Segregating commodities into different types makes it easier for traders and investors to compare pr - Ecn Trading
First of all, Market Maker Broker.Market maker broker is a company authorized to create and maintain - Stock Market Wisdom-learning To Trade Like The Legends, Part 7
Top traders and investors know the most money will be made by following the main trend. Jumping in a - Stock Chart Analysis And Understanding Trend Lines
Nearly all practiced equity market participants understand trends in the stock market offer the very - Three Tips For Picking Out The Best Value Investing Software
Value investing software can turn a first time clueless trader into a success in the stock market wi - Market News Giving Shape To Investment Goals
Do you think market news can help you take the right trading decisions? It is an obvious 'Yes'. If y - Stock Market Investing Without Emotion
Investing in the stock market is so tricky, and an emotionally driven decision to most people, that - How To Spot And Select The Best Automated Trading Stocks Program
Easily the greatest deterrents which keep potential traders out of the stock market is the risk asso - Why Are Millions Of Traders Using Online Stock Trading Programs?
Online stock trading programs are those which deliver profitable and winning stock picks right to yo
Most viewed articles in this category:
- Trading Secrets of a Successful Share Trader
The first and most important thing a trader must have is a "TRADING PLAN"This is a "Written PLAN" wh - Beat the Market
Beat the Market! Can it really be done? Consistently?As unlikely as it may seem, hedge fund manager - How To Find Potential Profitable Stocks
There first thing is knowing where to look. It is quite amazing sometimes where a tip or information - Commodities Trading Online
With the advancement of the internet, commodities trading online is now made possible. Commodities t - Minority Shareholder Squeeze Out
For those that have been a victim of a minority shareholder squeeze out, the experience can be a nig - Kennametal be such a great Buy?
From many of my previous articles I have focused more on companies I would consider buys in the shor - Beating the Dow with Bonds!
Beating the Dow with Bonds, is 1/3 of an extremely successful asset allocation strategy outlined i - Beta - Analyzing The Risk Profile Of Stocks
Who would not like to have an exact risk positioning outlined in front before taking any decision? W - 4 Main Risks Involved in Futures Trading
There's no doubt that futures trading is inherently a risky business. Anyone who tells you it is 100 - Penny Stock Picks: The Promises And Pitfalls
When trading any security you really need to do your homework. If you do not, and the price per shar