How much luck is a factor in intraday trading?
TRADINGFEATURED
"You just need to be confident about what you are doing"
Do you think all trades can be green if we consider luck? Obviously not.
You just need to be confident on what you are doing. The truth is that even I’m not motivated everyday. No one is. I’m naturally more of a motivated person but I am definitely not perfect and I have off days too. But throughout everything, my vision for the future version of myself always carries me through.
I think this is what traders often struggle with. Things can get overwhelming sometimes, especially when you feel like there is a lot to do before you get to where you want to get.
We have all been there. I have too, plenty of times.
The best thing I have found to do in these times is to get small wins and never stop practicing with low quantities. Once you take the first step and begin to build the momentum through small wins, the rest of it takes care of itself, I promise.
Practical set-up: set a small target everyday and make sure it is ticked off before market hours.
Credit: Quora