How much does the average independent day trader make full time?
TRADINGFEATURED
"Identifying and capitalizing on the best trade setups in the market should always be the first priority"
The primary goal of a successful trader is to find the best trade setups. Money is secondary to that.
Identifying and capitalizing on the best trade setups in the market should always be the priority.
The focus should be on finding high-probability opportunities with favorable risk-reward ratios rather than purely chasing monetary gains. By prioritizing the identification and execution of quality trades, traders aim to maximize their chances of achieving consistent profitability over the long term.
While money remains an important aspect of trading, it should be considered as a byproduct of executing well-planned and strategic trades rather than the sole driving force behind your trading decisions. Ultimately, it is a reminder of the importance of quality trade setups as the foundation of successful trading.
Have your focus on the continual development of a strong trading strategy and subsequently finding the strongest trade setups based upon the strategy, money is a by-product of that setup!
Happy Trading!
Credit: Quora