How To Be A SUCCESSFUL TRADER?
A Step-By-Step Guide on Becoming A Successful Trader
Step 1: Obviously, you need to be able to define "Successful" and "Trader".
In the extremely simplest form,- Trader is Person Who Trades. Trade is a basic economic concept involving the buying and selling (i.e. exchanging) of goods and services.
- Successful is being able to achieve a desired aim or results. The definition of aims or results vary according to the individual under a specific context.
Step 2: You need to action according to what you've defined.
When Andy was still a kid, Andy traded with his classmate, by giving his new S$0.30 Pokemon eraser to his classmate and getting his classmate's S$0.20 Doraemon eraser, which Andy preferred, in return. Andy had achieved his aim. Andy is a successful trader!Step 3: You need to be confident and believe what you've defined and what you've done are right.
How does one measure 'confidence'? If Andy can go around and tell people that 'I am a successful trader', then Andy can labeled himself as a 'Successful Trader'. Congratulation!.
Stories Of Making Profit By Stock Trading
Benedict has been busy trading stocks for 10 years. His total gain from stock market during this 10-year period is $10,000. He has lost $20,000 during the first 9 years, but managed to make a of $30,000 last year. He doesn't hold any stocks right now.
Catherine's father gave her $10,000 as her investment capital 3 years ago. She used all the $10,000 to buy only 1 stock, and made a paper gain of $10,000 till date.
Dennis just graduated from university last year. He started a blog to shared his view and prediction (a.k.a. analysis) and 2 stocks that he recommended to buy every month. Till date, he has recommended 24 stocks. For the 24 stocks he recommended, share price for 20 of them is now higher since the time he recommended the stock. 1 out of the 20 stocks has a price gain of 30% since his recommendation made 6 months ago.
The TOP Successful Stock Traders in Singapore
Benedict is a successful trader. He managed to overturn all his losses during the first 9 year within last year. His portfolio has grown from -$10,000 to +$10,000 within 1 year. Hence, he is now busy telling the story on how he made $20,000 from stock market within 12 months.
Catherine is a successful trader. Catherine has made a 100% paper gain by doing only 1 trade. Catherine is now busy selling the crystal ball that gave her the magical sixth sense while choosing which stock to buy a year ago, claiming that despite knowing nothing about stock analysis, how the tool she uses gave her 100% capital gain from stock market within a year.
Dennis is a successful trader. He just published a blog post highlighting how his analysis has benefited readers of his blog by quoting and reminding the readers that 1 stock he recommended 6 month ago has beaten the average market with 30% gain. He felt so proud that through his sharing and his unique foresight, he had enlightened one of his blog readers that made a profit of $3,000 by following the specific recommendation he published 6 months ago.
Benedict, Catherine and Dennis introduce themselves as TOP Professional Stock Traders nowadays, and they are so eager to teach the less successful traders on their secrets to be successful!
You Can Be The Next TOP SUCCESSFUL Traders Too!
Comments
Post a Comment