Most of the time traders complain about an issue which almost everyone go through in the field of trading and investment. FUND GAP Today, I am going to talk about this issue. I will try to keep it as short as possible.
HISTORY: Previously, trading was started from the floor as a jobber under a broker. While working there, trader’s used to learn the skill, know-how and aggregated funds. However, few examples like BNF(Japan) or NAV(UK) worked, saved their money and learnt the skills and tried with their setups and once they were confident a bit they left any other things and dived into the world of Money-Market/ Stock-Market.
I hope the reader here is not a completely newbie and will understand what I mean by the lines above. However, if you have questions you may add comments and I or one of the community member will be glad to answer it.
PRESENT: Nowadays, the marketing and manipulation (Ahh! you need to wakeup if u didn’t understand this until now) get the population to think they are capable to work awesome in this field and they love to trade on mobile. Yes! You heard it correct, majority of the population love to trade using mobile. But where this leads to….. LOSSES.
MINDSET: Some people learn in this duration and consider themselves perfect while they are in the Bull Market AKA Bullish Trend. Many times, they ditch their job considering themselves a profitable trader. However, when the cycle changes they are stuck hard with the reality.
They are not able to accept the defeat or sometimes they are not able to anticipate the next and sometimes its their arrogance, lack of understanding the market or skipping to learn the history.
Here are the actions performed by such learning traders
| They cut the losses at last which is just nearby the reversal point. |
| Keep holding the instrument at prices which is too high. |
| Average out at the price which is far from the reversal point leading to point 2. |
| Keep on holding with lots of hope. |
Finally once you go through all these cycles, you get to know that you have lot to learn for the entirety and dynamics of the market.
CAPITAL: Once you are pro in your skills there are fund houses and trading firms who are ready to provide you with the fund. Once you prove your skills by showing the winning records. Like Win Ratio, Win/Loss – P&L, ROI rate, ROA.
HOW I CAN SAY THIS?
I am a trader as well and I am still in the learning phase and have been through this. This is not some story or article that has been copied from, it a pure form of sharing the learning phases which I have gone through and most of the traders go through.
One time, you beat 92% of top tier traders in the world and then slight change in emotion or lack of control in emotion and Wallah! you are down. What I learned through is something these times that its the easiest way to earn big money but before that you need to learn and experience a lot.
OVERALL: It’s not about Capital, Its about your Skills. When U Trade, remember this – You are trying to beat the 99% of Population who are into this.
MOTIVATION: Even if you make a small profit, feel that you were good today with all your emotions and luck. If it keeps on going like that, feel that you have improved and you are able to control yourself which rest all losers are not able to. However, never forget that the day you loose hold on yourself you will be defeated.
REMEMBER THIS ALWAYS: There is no secret formula apart from above (it may be elaborated form but not too different). Try to DYOR when somebody offers you free master class or secret indicators or ninja techniques or signal groups.
