Want to know if you will be successful even before you dive too deep
into the world of trading and spend too much time in front of your
computer? The successful trader is wired very differently than the
unsuccessful trader.
First of all, we need to define what a successful trader is so we are
on the same page. Let's consider a successful trader someone who is
active in the markets (five or more trades a month) and makes a
consistent, low-risk living over a multi-year period of time.
The successful trader understands that moves in the markets are a
result of mass psychology and pure supply and demand. We make money in
the markets by being masters of that human psychology and supply and
demand. (more)
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Well we might be investing it regularly through cost-averaging. And over the long-term it hardly matters how much.
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