As a result of ignoring this, many traders lose and give up

Many traders are busy looking for this technique. Very basic things are called advanced techniques, power techniques, and so on.

But many traders forget, forget to look for things that are more important than these simple techniques. Finding the right technique, just do not miss the more important search.

In trading, finding and getting to know yourself is more important than the chosen trading strategy.

Remember, your personality must be in line with the way you trade. Otherwise, it is very difficult to succeed in this field. It may even lose.

Knowing your own strengths and weaknesses in trading is one of the rules to become a successful trader.

An interview with Kathy Lien and Rob Booker in her book emphasizes this point:

“I am a trader who aims at 50-100 pips a week. If it exceeds 50-100 pips, I will start ignoring my trading plan. I became less disciplined and sometimes crazy. So, I set myself up, I want only 50-100 pips a week even though there may be positions that profit more than that amount. Because of what? Because I know myself and I know the limits I need to set. ”

If you are a person who really wants a quick profit, then a swing trading strategy is not for you as it will probably test your patience when floating red.

On the other hand, if you are a more thorough and disciplined person, then a scalper is not for you.

So it is very important for you to know yourself, what kind of trader and trade according to your own comfort and suitability.

Dozens of indicators, timeframes vary. So adjust yourself properly if you want to be a successful trader. So that every time you trade, your heart is always calm.

Avoid completely imitating the teacher/master and this is also ordered by the legend in this post.