RETIRE RICH - OFWs deserve to retire rich

Tuesday, September 28

Be a lone wolf to become a profitable trader

Photo by Steve from Pexels.
You've read books, applied the learnings. You know the basics. Started trading with a live account. 

Joined many FB groups. Subscribed to YouTube channels. Pero bakit lugi pa din?

You need to become a lone wolf so that you will become profitable sa mundo ng trading.

No need to follow all educators, influencers. At least one or two is enough.

At the end of the day, it should be you and the market. No need to listen to so many voices during your trade. These are noise.

Learn about the market, and learn as much about your own self. Know yourself better, deeper.

Start with these self-examining questions:
  • What's my reaction to losses? (Galit ba ako? Tanggap ko ba? Agad?)
  • What am I doing, if I'm feeling excited? (Jump into a trade?)
  • What am I doing, if I'm feeling greedy? (Holding on too long?)
  • What am I doing, if I'm feeling afraid? (Get out of the trade too early?)
Each one of us does things differently against each emotion. 

With those feelings inside us at some point in time may we react accordingly. Don't worry it's normal.

But in trading, we need to check what we are doing while in a state of any emotions, I mentioned above.

Actually, you should do nothing. Basta walang buy or sell signal and stock sa iyong watchlist. 

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