'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, October 17, 2011

Just a random thoughts in trading

How to become a trader (or investor) in the stock market is a long process. Patience and commitment to learning takes time if not takes years. But the opportunities that the market offers are unlimited.

Having a passion and the love of what you do in every task play an important role, not only in trading but also in any career.

By having a goal and a vision to learn how the market works is the first step to become a trader.

But how to trade the market(s) is quite the most relevant. It is not what you trade, it is how you trade.

It is so simple to trade the market but it's not that easy, especially when your hard earned money is at risk.

If you're not used to losing money, it will be hard to be an investor or a trader.

Traders/investors become successful by losing, they learn their lessons from their mistakes.

As you go along with your learning through the years you will become accustomed to the market and once you find your niche in the market, you're on your way to become successful.

Discipline and persistence should go hand in hand in your journey. The market is a destination.

In trading, you don't need to master everything.

Find one idea, tweak it, master it and implement it in actual trading is the best way to learn how to become a trader.

Practicing one skill in trading and have your own idea and understanding about the market is the most important.

No need to emulate how great traders conduct their trades, but gather their ideas and form our own ways or ideas based from theirs is best way to trade successfully.