Trading & Financial Freedom: How To Trade For A Living

Trading & Financial Freedom: How To Trade For A Living

How To trade for a living


In This blog I am going to show you how you can trade for a living, and how professionals do it

You might have heard this before,people getting rich, driving crazy cars and showing off their latest collections of luxurious penthouses all with trading income, in some cases it might be true since trading is a well rewarding business but not everyone can have same sort of success in trading especially not at the very beginning of their trading careers.

But if you dedicate yourself to trading and learn all skills that a trader requires you might actually end up having enough not only to pay your bills but create a fortune.

Let's find out how you can achieve financial freedom with trading -

 

1. The Secret

Nobody can give you a secret for trading, this is the first thing to understand if you want to trade for a living. 

Having understood this fact very well first thing you should do is to stop hitting a search button for  " secret strategy of making money in markets",  " Secret strategy of trading ",  "How to trade with secret profitable system"



The only secret however you need, I am going to give it to you straight away so that you don't waste your precious time.

The secret is - TO SURVIVE

You need to understand that it takes time to learn trading, patience to practice it and during the practice if you are going to blow your account many times you won't be able to reach at threshold level, which is required to become profitable, so survive another day and time will come when you will be making money and thanking yourself for not giving up large amount of your hard earned money during learning phase.


2. The Plan

Many Travelers have walked through this path before you, some of them have made it some still searching and many more will be walking after you, what can you do differently which makes your journey beautiful?

There is nothing you cannot achieve with hard work, dedication and consistency, if you are resilient enough you will anyhow become a successful trader, if you have a well planned approach, backups and time it will be much easier to stay in the right course of action.

Plan how much time you want to give yourself before actually making trading to pay your bills, what are the challenges you already know you might face during the transition period and how you are going to cope up with the uncertainty factor, for all of these things if you have a plan in place you will enjoy the process and not get emotionally affected by it.

 

3. The 90% Theory

Around 90% of traders lose money - You might have already heard this quiet a lot, I will not discourage you to give up on your dreams of Trade for a living just because of the fact that most of the people don't become successful, why i am saying this is because this figure of 90% counts everyone who comes trades for month or two and leaves.

You are not here for just trying trading for couple of months and leave, you have a long term plan for trading, if you will be systematic in your approach and stay for longer period of time while learning and applying you might come under 10% and not 90%

 

 

4. The Method

Finally, when you have learned that there is no secret to trading and you have planned well on how you are going to approach the trading being aware of the fact that you have to stick for a while to been able to make it into the 10% , you need a method to Trade for a living.

And this is the most important aspect which involves a lot of research but remember you have to try a lots of method available out there in terms of Trading systems and find the one which suits you most, there is no black and white in terms of what works and what does not there is going to be always a grey area in which you have to put a lot of efforts to find out what works for you.

You can take help of our widely available resources to find out what works for you and keep trying until you find one.

 

Summary

Trading for a living is just like any other work which you do for a living anything worth pursuing in life requires skills and hard work, with trading there are lot of things which you have to find by learning and application, start early and be a proactive learner to have an edge, never make a same mistake twice don't go for secrets go for systematic learning, never listen to noise listen to your inner voice and most importantly find how you want to trade not how others are trading.


Learn More :- www.bullsarenatrading.com


 


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