Shares/Stock stock trader

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nasser61

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qualities of a successful stock trader 1. Optimistic Attitude Successful traders display a healthy dose of optimism, even when it isn’t supported by the latest profit and loss statement, because they know that drawdowns are temporary, and that they have the skills needed to build back profits. They also understand that trading is a zero-sum game that divides up winners and losers, and visualize themselves on the winning side at all times, regardless of short-term results. 2. High Self-Esteem and Self-Worth The current education system focuses great effort on self-esteem and self-worth in the student population, but the transition into adulthood may undermine this effort, leading to negativity, cynicism, and self-doubt. Each of these attributes has an impact on profitability because the emotional nature of buying, selling, and assuming risk requires visualization of the most positive outcomes, which is undermined when we believe we aren’t good enough to be financially successful. 3.Balance Away From the Market Your experience in the financial markets reflects a perfect image of your life away from the financial markets. For example, destructive habits like smoking, overeating, and drug use directly correlate with poor trading performance. Struggles with spouses, children, and family add to the burden, as do a lack of exercise, uncontrolled anger, and obsession with political outcomes. Successful traders spend as much time working through personal issues as they do in market preparation. They take care of their bodies with healthy diets, while understanding that recreation is a vital activity in keeping trading performance at peak level. They also seek the guidance of clergy, mental health professionals, or gurus when their own efforts to achieve balance come up short. Accra, Ghana
 
You have written so well. A stock trader with all what you said still needs to be updating himself with the current happenings in the money market. This will shape his knowledge and broaden his views on the niche that he has chosen to be making money from. And he should br good at risk mamagement.
 
Knowledge is required to trade in the Forex market. It is very difficult to make a profit in the Forex market without knowledge. I have been able to gain knowledge by trading for a long time. Eurotrader brokers have enabled me to gain a lot of knowledge in trading.
 
Forex is a currency exchange market in the world. It is not a scam. It is a legit market. It is the most popular market in the world. Traders can trade in the forex market to make a profit. In 2020, it become more popular due to the COVID-19 lockdown. However, there are a lot of scam brokers in the market. Traders often lose money because of a scam broker. That’s why I choose to trade with Forex4you. It is a regulated broker.
 
Anybody that wants to be a successful trader should form the habit of being disciplined. By being disciplined you should be able to know exactly when to stop for the day and when to take profit. You should also be open to learning because the forex market is not fixed and change occurs regular.
 
Also the stock trader must be dedicated and have do much optimism , because it's very important in terms of the trader decisions in making gains and also the trader must be really dedicated and deligent in finding medium and strategies to make gains from the stock market I think
 
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