When you are just starting to think about trading it is usually for a reason, like your friends or coworkers talked you into it. One important thing to remember is that trading isn’t a get rich quick scheme, you have to really work at it and it’s a long process. You have to have the passion for it, and the patience to take yourself through the curve of learning how it’s done. Stay the course and you could reap the benefits.
- Learning all the technical skills, while important isn’t enough to be successful.
- Because of the amount of learning, time and effort needed to succeed you need to have a passion for trading so that you are not likely to give up.
- Trading isn’t a get-rich-quick thing. It is a skill that needs the kind of effort that a professional athlete puts into their craft.
“Like most endeavours, without passion and the right dose of curiosity, the process of trading will soon become a bore and your subconscious mind will find ways to make you stop.”