What things make you a profitable trader?

TRADINGFEATURED

Mahendran Jayaveeran

4/4/20241 min read

What things make you a profitable trader?
What things make you a profitable trader?

"Don’t neglect the psychological part because it’s what will separate you from the majority of retailers"

I am a profitable trader.

Being profitable begins with believing you already are a profitable trader.

If you don’t believe that you are a profitable trader then you will take trades that will prove to you that you are not profitable.

I will be adding trading mantras (affirmations) in many of my answers.

80% of trading is psychological.

20% is technical.

Don’t neglect the psychological part because it’s what will separate you from the majority of retailers.

Trading mantras for today!

  • When I put on a trade, all I expect is that something will happen.

  • The less I care about whether or not I am wrong, the clearer things become, making it much easier to move in and out of positions.

  • When I cut my losses short, I make myself mentally available to take the next opportunity.


Credit: Quora

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