Retaining motivation

May 27, 2022 at 06:44
389 Angesehen
3 Replies
Mitglied seit Feb 16, 2022   63 Posts
May 27, 2022 at 06:44
Traders must be self-motivated even though retaining motivation for a longer time is really difficult because market condition is not the same all the time. Traders should try to cope up with the market condition to bring out better result. Developing analytical knowledge is very essential for traders.
Mitglied seit Aug 05, 2021   401 Posts
Jun 01, 2022 at 17:32
Motivation can be difficult to keep over long periods of time, especially if you aren't getting the best results. I think those that keep themselves upbeat and stick to the plan are the ones that go on to achieve success over a longer term.
Mitglied seit May 29, 2022   39 Posts
Jun 29, 2022 at 00:19
Without a doubt, short-term trading is more common here! Scalping appears to be an admirable strategy to me because many people around the world are unable to trade Forex without investing significantly more time. In that case, scalping can provide them with a sizable profit in a relatively short period of time.
Mitglied seit May 19, 2020   401 Posts
Jun 30, 2022 at 18:36
It should be clarified that motivation is not always perceived from the correct point of view. If you mean courage, then it just often interferes with trading. Proper motivation should always be derived from confidence and control. If you are confident in your trading system, trading plan and risk management, then you are motivated. If for some reason you feel uncomfortable, then it will lead to losses.
@Marcellus8610
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