Saturday, 20 January 2018
Bitcoin

ETF Trend Trading – Learn the Mindset For Profitable Trading

How to be fearful when others are greedy and how to be greedy when others are fearful? How to milk the trend for almost all it is worth? How to have minimum trades and risk when the market is not trending?

For example: There will be lots of days where we will not be in the market. That is ok, if it's not a system trade it's not a trade. The day you start trading outside of the system because you are bored or "need the action" is the day you start losing. Not trading is a trading decision.

On the other side of that is under trading. Not taking the trade when the signal tells you to. If that is the case why even learn my system? If you are that scared do a demo account a few more months.

You can paper trade for as long as you want. In fact that is what I recommend to all my new students. Do not risk a dime until you see my system works. Once you see that, trading discipline becomes easy.

There is a big difference between working and playing. In work you sacrifice your time. Do not come to trading with "work attitude". Come with the right attitude. The big pay days are easy and it will feel like play.

At some point you will get a string of winners, do not become overconfident.

At some point you will get a string of losers, do not get depressed.

At some point you will get no new trades, do not get bored.

Overconfidence, boredom and depression are all killers of good traders. If you know upfront this will happen at some point in time you will be better prepared for when it does happen.


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