Have you been losing your sturdy approach and ballistic mind lately due to a lot of unexpected happenings? Well, it could be defying as a trader realizing that you can no more take orderly decisions which you have been doing all along. But let’s not lose hope! Here is all the motivation you need to get back up and be the better version of you!
“In This Business If You’re Good, You’re Right Six Times Out Of Ten. You’re Never Going to Be Right Nine Times out Of Ten”
That is something you must understand well. As we already know the markets are volatile and unpredictable, there’s nothing much you can do except building very own strategies and waiting for the right thing to happen. But, remember strategies and discipline is the only thing that’s helping you win a handful of trades. So do not expect a winning streak always, be prepared for the losses too.
“Risk Comes From Not Knowing What You’re Doing”
When you are not sure of what you are doing, consider the situation as an open invitation to misfortune. Make sure you are in good sync with whatever strategy you are planning and the commodity you are going to trade with. A little background work is always good when it comes to wandering in no man’s land.
“If You Personalize Losses, You Can’t Trade”
It’s as simple as that. The day you start taking losses to your heart is the day when you stop moving forward. Losses are a part of a trading career. It’s better to embrace the victories you’ve made rather than to repent of what you have already lost. Implement necessary changes to your strategy so that you have to lose no more.
“It Takes 20 Years To Build A Reputation And 5 Minutes To Ruin It. If You Think About That, You’ll Do Things Differently”
Reputation isn’t something that can be gained instantly. It takes years and years of hard work and precise things to be done. Similarly, building a trading career requires perfect discipline and planned sessions. Once you have got through this phase, it’s time that you invest all your skills to hold that reputation and consistency. Even one out of the line trade could flare up your hard built career. So take it slow & steady and make sure you do nothing to sabotage your career!
“Business Opportunities (Trades) Are Like Buses, There’s Always Another One Coming”
Markets & opportunities are always evergreen. If you lose an opportunity, it is completely okay because you would possibly get another the next minute or later. You may lose upcoming opportunities if you blame yourself for what has already gone. So make sure you do not lose what’s about to come. That might be the one you’ve been waiting for!
Sometimes, motivation is all that a trader needs. Right motivation can make you come out of your comfort zone and explore more which leads you to success. Take it from the field experts, motivate yourself and build a successful trading career!