The Memoir Of a Currency Trader.

in crypto •  7 years ago  (edited)

I am a trader. I am not a speculator. I have more patience than my broker would like. For me, It always will be about margin of risk. I focus on the plan behind each trade.

I ask myself..am I two steps ahead of this market, or is this market one step ahead of me?

have-patience-hs-blog.jpg

If I have to think about the answer for more than 10 seconds…. I am not ready to click the button.

I knew that If I kept at hard work, studying and sharpening my skill sets.. It would pay off in the long run.

I focus on avoiding losses, more than seeking profits. I focus on the probability of the least amount of risk, for the most amount of reward.

trader.jpg

I am strict. I am discipline. I am mindful of my emotions. I ALWAYS follow the rules.

I NEVER try to predict the future. I always try to prepare for it.

I can’t KNOW what will happen next. I can only strategically place myself in the right position to capitalize on what I THINK might happen next.

I always respect market’s cycles.

The number one job of a trader is not to make alot of money. But to manage their risk.

I know there is no easy road. I don’t believe in the get rich quick thing. I have fallen in love with the process and the journey..not the money.

I always remind myself.. I am a trader, not a speculator.

26841252_2019525224729965_7558740019021204872_o.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Patience is a virtue!

Amen to that!!