The top 5 things I learnt from trading

[rudy]

Can you elaborate with an example

Even after you make losses, you shouldn't lose hope or think of quitting trading.My beginning was also like that. A couple of losses everyday but eventually i got better. If you practice and work hard you will surely get better with time.

 

[jyotixxx]

>Every Candlestick has a untold story until it’s closed.
>Accept defeat for the day to battle for another.
>Market is a game of probability where only money management wins.
>Longer timeframe longer returns
>Obsession kills passion in Stock Markets

 

[Ratan Sagar]

it's never really important to work in such a precarious industry, because not everything can happen right away

You're completely right about the industry being volatile but there are people who can deal with working in a high risk environment and many of those are dedicated and patient enough to develop a plan and follow an investment method.

 

[Awasti_trader]

1. Invest in yourself - Knowledge is power, it boosts your self confidence and increases your capability. Learning from the last few years and still learning to master trading.

1. Money and risk management- Without this skill, it’s really hard for a trader to manage his/her profit and loss and could create blunders while trading

1. Losing is a part of trading, learn from it- Nobody wins all the time, we all have to face loss but it should not stop you from trading. Learn from your mistakes and keep them in mind while trading.

1. Discipline- Achieving something requires discipline, taking necessary steps and following your plans would definitely boost your confidence in trading.

1. Believe in yourself- It’s hard to believe in yourself after multiple failures, but having belief in your plan and dedication of achieving goals will never let you down, belief can do miracles.

 

[DreamDeal]

Through trading, I learnt :

• To improve my mistakes.
• To identify and manage the risks.
• To build strategies according to the changing market.
• To be disciplined and patient.
• To not lose calm even after getting losses.

 

[Logical Trader]

I got to learn multiple things from trading but the biggest thing I learnt about is the importance of stop loss.

 

[Soh325R]

I have learnt from the stock market how to take risks when you have nothing. Stock trading has increased my analytical ability to think better. I learned this with time and it will remain with me for my whole life now.

 

[Nish]

I got to learn multiple things from trading but the biggest thing I learnt about is the importance of stop loss.

.. They say SL is just the begining of Profits ahead !

 

[Train To Trade]

Trading has made me learn a lot of things but the major thing I have learnt is to maintain patience. I have got to know how important it is to patiently observe the market before placing any trade. One wrong move can lead you to huge losses.