“The beginning of wisdom lies in knowing the true meaning of love.”
― Mwanandeke Kindembo
If you genuinely love trading, you’ll learn whatever you need to learn in your unique way. Please don’t skip the learning curve.
Like writing or other art forms, trading takes time and patience to learn. In the beginning, focus your attention on learning rather than earning.
Start with small quantities and try to save your capital to trade for another day. If you have enough money to trade for weeks and months, you’ll make it big in trading, but after blowing up your account, you’ll be broke.
In trading, most of the learning comes from active participation in the financial markets. Learn a bit of technical analysis to create your unique edge in the market and devote most of your time to learning trading psychology.
Risk management is essential if you wish to stay in the game for a long time. Don’t get trapped in gamblers’ fallacy.
Trading is a beautiful art; you can become a consistently successful trader by practicing daily in the live market.
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