The Winning vs Losing Traders
http://www.financial-spread-betting.com/Lose-money.html PLEASE LIKE, SUBSCRIBE AND SHARE THIS VIDEO SO WE CAN DO MORE! Winning traders tend to behave differently to losing traders Let's look at the mindsets that differentiate winners from losers;
Winners
1) arrives at desk early to prepare his routine.
2) opens charts and scans for his setups.
3) thinks about risk first, reward second. This is really common with hedge fund managers and traders who make a living from trading.
4) chases opinion on predetermined variables.
5) constantly monitors emotions. It is never a good thing to let emotions rule your trading or investing decisions.
6) stops trading after a bad run.
Losers
1) jumps into seat and trades - you are starting off the day on the backfoot.
2) opens charts and 'sees' a trade.
3) thanks about how much he can make.
4) changes opinion on a whim.
5) lets emotions overrule decisions.
6) doubles up after a bad run.
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