Lessons I Learnt While Training My Mind For Stock Trading

| June 19, 2013 | 0 Comments

Stock Trading

Trading is very widely used term. Trading is the process of give and take. One can learn a lot of things from trading. I like trading the most of all my activities. Trading is one such thing in the world where you have the opportunity to make thousands in few minutes. No other thing in the world offers that kind of opportunity. My experience with real trading happened when I started trading stocks 6 years back. As any other person I had high hopes too when I started doing trading. I signed up with cashnetusa.com using the block-c coupon.

I was hoping that I can easily make money. But over the years I realized that it is the hardest way of making money. At the same time I must admit that by diving in to the trading I have become more matured person. Trading has taught me to think smart. In the first couple of years I lost almost all of the money I had in my account. But I learnt a lot from these losses. Trading taught me that it is not about winning trade but it is about how you react when you lose. If you are afraid of losing, you would think more smartly, you would react to situations more positively, that is key to building you mindset for trading.

A Trading mind always looks for opportunities. Trading mind knows how to handle losing trades and most importantly knows when to trade. Over the years I have evolved a lot as a person. My mind always thinks like a trader not only when I trade but in other situations too. So always think like a trade when you will see a positive difference in your life at least that’s what happened to me.

An experienced trader knows 
1) when to exit a losing trade
2) When to cut his losses
3) how to maximize his gains

Do let us know whether you find the advice useful or not?

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Category: Investment

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