More and more Malaysians are getting involved in this trading industry with different instruments.
Some trade stocks, some trade commodities and many also trade Forex.
When talking to traders, many who enthusiastically expressed their desire to generate income from this field.
Many also talk about financial freedom, freedom of time, quitting work, trade while traveling and all sorts of other dreams desired from the world of a trader.
Sadly, 98% of those who initially had the spirit of an athlete at the Rio Olympics want gold to eventually lose.
Not to lose but to give up! Even sadder is giving in because the initial mindset of seeing this trading is like a get rich quick scheme.
The easiest way to know the seriousness of a person wanting to become a trader is with these 4 questions:
- Have a trading plan?
- Have a trading journal?
- Know your weaknesses & strengths when trading?
- Do you have your own trading style?
Ask yourself that question! If possible write and paste next to your trading table.
Do not just be good at chatting "I want to generate crazy income with this trading, can help many people, help yourself and family." But be smart and diligently take helpful action.
Many people are only good at chatting, the result of the sea because there is no serious action.
I want to learn the basics, I want to learn the magic techniques of the seventeenth heaven.
If you just want to play, remember you are playing with your money. If the money burns, won't it turn white?
Joining a Ponzi scheme and expecting signals simply without wanting to learn are among the symptoms of wanting to get rich quick which is very much to be avoided.
Also, avoid quarreling on social media or reality. Build and develop a good reputation.
Be a serious trader with a first-class mind. Show that traders from us are very great and disciplined.
And ask yourself, how much effort has been made to succeed in this challenging field. Already learned, practice to not?
Self-reflection and keep trying. Do not give up!
