Kunal Desai Can Anyone Become A Full-Time Trader? No. The reality is that not everyone has the work ethic, the correct mindset, or the right personality to be a successful trader. Trading is one of the hardest professions in the world. There is no guaranteed salary, and your mistakes are punished by the market taking money from …
In trading, you are in control of everything you do. The market can do whatever it wants, so the only thing you need to focus on is your edge, trading system, and behavior. You cannot directly control whether your trades will be winners or losers. However, the magnitude of the winners and losers are completely …
Read moreTop 4 Causes Of Huge Trading Losses and How To Avoid Them
Trading is one of the hardest games in the world. At the same time, there is no other profession that can offer such a source of scalable income and personal freedom. You are your own boss, the CEO of your small business. However, this means that you have no one else to structure your day. …
Having just one source of income is incredibly risky. Life is full of uncertainty, and anything can happen. Maybe your corporate job gets outsourced to India. Maybe you went all in on Bitcoin at $20k in December. The reality is that any source of income is not permanent and has uncertainty. So what is the …
Losing days are inevitable in trading. If you cannot get comfortable with red days, trading is not the profession for you. If you don’t know how to deal with losing days in a healthy manner, you will open yourself up to more losing days, and even more potential personal and mental issues. If you cannot …
Trading is one of the hardest professions in the world. The failure to become a profitable trader over a period of time can be caused by a variety of reasons. Sometimes it can be because they are trading a failing system with no edge, and sometimes it is because of the trader’s inability to execute. …
Read moreInfluences In Your Life That Are Negatively Impacting Your Trading Performance