7 ESSENTIAL TIPS FOR YOUR SUCCESS IN THE SPORTS MARKET
ONE OF THE MOST IMPORTANT FACTORS FOR THE BETTER SUCCESS IS TO HAVE CONTROL OF YOUR EMOTIONS.
1- Do not want to guess the future, a trader does not need to guess an event to make money, if you act in this way and lose, immediately a mechanism is triggered that will take you to try to recover a loss and we all know where this path will go take along. (avoidable losses)
2 - Have personal strategies that have already proven profitable and follow them to the letter even in less good times.
3 - Have a simple and efficient banking management and never fail to follow it. The rules are very important for a trader, an "anarchist" trader will not succeed.
4 - Control greed
Knowing how to give a day as finished is difficult for the emotional either in profit or loss, but it is essential for our success. You don't want to win in one day what you plan to win in a whole month.
5 - Knowing how to deal with losses
The losses are normal and are part of the process, when we have losses the feeling of non-acceptance and even revenge arises, if you have a personal strategy as mentioned in point 2 your profit at the end of the month may be guaranteed or in a more unusual month the month without major loss. The emotional lack of control here can lead to bankruptcy!
6 - Do not be afraid to enter the market but also do not enter the euphoric markets
Fear will make you block and will prevent you from making the right decisions, fear of losing will prevent you from being profitable! The euphoria usually appears after a good profit, it is to avoid entering a euphoric market with a high profit in a previous game, that feeling will lead you to make decisions without great consideration and to return to the market the money you won previously.
7 - Become an Elite Sniper in the trade
Observe, analyze and only enter the value, wait for the right moment to click the mouse.
An experienced trader has to be cool and wait for the right time to act.
You may even be the best trader in technical terms but if you don't have emotional control you will never be able to be profitable.
Read and reread this text if necessary every day, being a good professional is difficult but not impossible.
IF YOU CAN'T CONTROL YOUR EMOTIONS YOU WILL NEVER BE ABLE TO CONTROL YOUR MONEY.