To become a successful trader it is important to learn important things that every investor should use. Here we describe some of them:
1) Losses: As Warren Buffett has said, "The first rule in investing is NOT LOSE MONEY !, the second is not to forget the first rule" Big capital will always keep you in the game, but even with this we should always have an idea to how much we could afford to lose.
2) Confidence: There is nothing worse than to see a good opportunity to open a position, but we do not have the courage to "push the trigger" If we have a fear of whether they will be profitable or not this position will bring us success in all . Trust can not be learned. It comes to making decisions and gaining experience.
3) Ego: Successful traders can be large, as individuals, but when they traded leave your ego at hand, but also never argue with the market, just accept it.
4) Students on the market: Successful traders never complacent. They are always eager to learn something new. Continuously looking to improve their skills si.Edin so is post analysis of transactions, it is always important losses are smaller than our profits.
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Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.