NiftyLiveCharts Blog

we helps you to understand the Stock Market

Profitable Trading: The Perfect Business

11/12/2009 by admin

Profitable Trading: The Perfect Business
The secret’s out. Profitable trading is a realistic option for the perfect business. It is capitalism’s best-kept secret. Office politics, difficult bosses and tricky employees play no part in trading. The market makes no distinction about your wealth, education level, ethnic background or any other aspect of your identity. You can trade from anywhere in the world. Follow a few simple rules, and you can run your business virtually however you like.
Trading is the perfect home-based business.
That said, if trading successfully was easy, everyone would be practising profitable trading. The fact is, 80% of people who trade will lose money when they first start. They won’t be successful for many reasons but, in my experience, the most common reason is that they fail to plan. A well-planned strategy is one that covers all the bases and will be adhered to unflinchingly. This takes guts and determination, but it is the same for finding real success in any other endeavour in life.
Unfortunately, attending countless seminars and reading even more books without taking any real, calculated action doesn’t count as planning. Now don’t get me wrong, there is nothing wrong with reading books, but there’s a lot more to it than that.
Trading successfully is difficult if you don’t know what you’re doing. I can show you how to achieve trading success and shortcut your learning curve dramatically, but I can only help you if you have a strong desire to succeed. You see, trading requires you to work a little.
To be able to push through this hard slog, you must start by not only asking yourself why you want to become a successful trader, but actually answering it as well!
This all-important question sounds very obvious, yet most traders never properly consider it. Life coach and world-famous personality Anthony Robbins teaches that, ‘If the why is big enough, the facts don’t count’.
‘Why do you want to become a trader?’ The answer must include enough emotional attachment to make sure that you follow through on your promise to yourself. This ultimately depends on you, but some examples of answers might include:
* I want to ensure I have enough money so my children and family are well looked after.
* I want to pay off my mortgage so I can own my home outright.
* I want to be able to help those less fortunate than myself.
You need a clear vision of where you want to be, otherwise how will you know how to get there? Outline your vision and start thinking about profitable trading.

Trading is the perfect home-based business.That said, if trading successfully was easy, everyone would be practising profitable trading. The fact is, 80% of people who trade will lose money when they first start. They won’t be successful for many reasons but, in my experience, the most common reason is that they fail to plan. A well-planned strategy is one that covers all the bases and will be adhered to unflinchingly. This takes guts and determination, but it is the same for finding real success in any other endeavour in life.Profitable trading is a realistic option for the perfect business. It is capitalism’s best-kept secret. Office politics, difficult bosses and tricky employees play no part in trading. The market makes no distinction about your wealth, education level, ethnic background or any other aspect of your identity. You can trade from anywhere in the world. Follow a few simple rules, and you can run your business virtually however you like.

Unfortunately, attending countless seminars and reading even more books without taking any real, calculated action doesn’t count as planning. Now don’t get me wrong, there is nothing wrong with reading books, but there’s a lot more to it than that.

Trading successfully is difficult if you don’t know what you’re doing. I can show you how to achieve trading success and shortcut your learning curve dramatically, but I can only help you if you have a strong desire to succeed. You see, trading requires you to work a little.To be able to push through this hard slog, you must start by not only asking yourself why you want to become a successful trader, but actually answering it as well

‘Why do you want to become a trader?’ The answer must include enough emotional attachment to make sure that you follow through on your promise to yourself. This ultimately depends on you, but some examples of answers might include:

* I want to ensure I have enough money so my children and family are well looked after.

* I want to pay off my mortgage so I can own my home outright.

* I want to be able to help those less fortunate than myself.

You need a clear vision of where you want to be, otherwise how will you know how to get there? Outline your vision and start thinking about profitable trading.

Filed Under: General Tagged With: finance, financial planning, home based business, profitable trading, stock, STOCK MARKET, stock trading, STOCKS, trading, trading in stocks

Follow us on FaceBook

Post Tags

assets Bank Nifty BankNifty Bank Nifty Breakdown Bank Nifty Breakout Breakdown Levels Breakout levels day trading Derivatives dividends DLF Ltd. is a sell finance financial planning forex forex indicators forex trading Future and Options futures and options future trading investing investment jaiprakash associates ltd . is a buy Levels loans money mutual funds nifty Nifty Breakdown Nifty Breakout options option trading put option Ranbaxy Laboratories Ltd is a buy Resistance shares stock STOCK MARKET STOCKS stock trading Support Tata Motors Ltd. is a buy TAX technical analysis trading trading in stocks

Categories

  • Daily Nifty Levels
  • Daily Stock Tips
  • Derivatives
  • Future and Options
  • General
  • Results
  • Share Market Basics
  • Short Headlines
  • Swap
  • Trade Like a Professional
  • Trading Basics
  • Trading price patterns
  • Weekly Support and resistance levels

Copyright © 2025 · Magazine Pro Theme on Genesis Framework · WordPress · Log in