Ideal place for trading

We need a place where we can think properly. It could be any place. But the condition is the place should not disturb your sound thinking. A noisy place can disturb your thinking.

Trading is not a game. You can trade from anywhere if you feel comfortable to trade. But always keep in mind that a wrong decision can put you in great danger.

EbonyJones posted:
Trading is not a game. You can trade from anywhere if you feel comfortable to trade. But always keep in mind that a wrong decision can put you in great danger.

That’s true. Many traders gamble in trading and lose money because of that. Proper trading plan is needed in trading.

i enjoy trading everywhere irrespective of the place and time

EbonyJones posted:
Trading is not a game. You can trade from anywhere if you feel comfortable to trade. But always keep in mind that a wrong decision can put you in great danger.

You are right, and to avoid wrong decision trader should have a proper risk management.

One wrong decision can ruin a trading investment. So every trading strategy should be planned before creating.

knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice  , so besides acquiring good knowledge its more appropriate to emphasis on practice session. 

generally we the traders who are particularly newcomers always think , leverage is a process to bring profit with very short time , but it could be dangerous if you dont have real money management. so be careful when using it practically.

Yes, it is important to have an environment that facilitates sound thinking and eases the mind. You’ve made a good point.

I would prefer a tropical island.

I would say home is the best ideal place for you to have your mind at ease and work with trading without any disturbance.

It depends on the trader’s mood. Try to find a peaceful area to trade.

I would prefer a Manhattan Penthouse. A great place to be at while trading

SofieAndreasen posted:
It depends on the trader’s mood. Try to find a peaceful area to trade.

Yes, it is normal. The colder the mindset, the more profit you can make in trading.

Ideal place is the one where you can find yourself lost in the peace. That is the best one.

A calm environment is the ideal place for trading. I personally cant concentrate in a noisy environment. It distracts me and opportunities are lost that way.

78678676 posted:
A calm environment is the ideal place for trading. I personally cant concentrate in a noisy environment. It distracts me and opportunities are lost that way.

Yes, you really need a calm environment around you to concentrate while trading, how can someone do their analysis work in a noisy surrounding?

UweMoench posted:
We need a place where we can think properly. It could be any place. But the condition is the place should not disturb your sound thinking. A noisy place can disturb your thinking.

While the truth is that you can trade from anywhere you are, it is best to have a place where you feel focused. So a quiet area, such as a home office works best so as to concentrate and avoid distractions. It can also help you take trading more seriously too and I feel that helps.

I know people who study with music on and they say the can concentrate better that way. Strange but there are things you don't understand and are true. Their mind is is built that way.