How Can the top traders keep it so cool when the risk are so high?

high risk

1. They decided a long time ago to take responsibility and find out what works.

2. They have a system that fits them.

3. They plan every trade down to the finest detail.

4. They have put the ground work into this system and continue to do so.

5. They have complete confidence in both the system they follow and in their own skill to flawlessly execute it.

6. They definitely view trading as a game in points and stopped counting the money a long time ago. Most of the top traders are very wealthy so if they aren’t trading for enjoyment they’d simply retire.

7. Finally they learned a long time ago that they alone can not control the market. Most of the top traders have a life out-side of trading. Realizing the importance of keeping it all in balance.

5 Uncommon Rules of Wealthy Traders..

five rules

1. They plan every single trade. EVERY SINGLE ONE.
2. They stopped trying to pick tops and bottoms years ago
3. They are patient with winners – and ridiculously impatient with losers.
4. They trade one market. ONE
5. Their benchmark for success is anything but money

Managing your energy..

Manag Your Energy

How You Manage Your Energy?

Hear Is There Answer..

When we get up in the morning, we have a certain amount of energy. It is up to us to decide how we will use our energy and where we will focus it. So how do you manage your energy during the day?

1.What activities energize you and what drains your energy?

2. How do you sequence your activities?

3. Do you try to do everything yourself, or do you focus on your strengths and delegate the rest?

4. How do you deal with stress?

5.How do you motivate yourself?

6.Who do you surround yourself with?

7. How do you manage your energy?

8. How do you deal with the bad Stocks news or naysayers?

9. How do you deal with emails, phone calls, IMs and other things that can distract you?

10. Are you being productive or running out of time each day?

If you try to be everything to everyone, you get burned out.

You might have heard of the 80/20 rule – 20% of our efforts get 80% of our results. You can focus your energy on the efforts that get you the results, or let yourself get distracted. When you get distracted, you are very busy, however you do not produce the result that you want in the time frame that you want. The choice is yours.

7 Habbits!

hedge-fund

Habits of Highly Suspicious Hedge Funds

1. No independent risk reporting.

2. A change for the worse in the critical risk numbers.

3. Increased use of derivatives.

4. High level of secrecy.

5. Growth in headcount and lifestyle.

6. Decline in assets under management.

7. Lackluster performance in recent years.

Top-Down Discipline

discipline

• Write out your dream life. What would you like to be, do, see, experience, and have in your lifetime in order for it to be ideal? Write this out completely.

• Write down the purpose behind that dream life. Write down your mission, your purpose and all of the whys behind that dream life. This step helps you get excited about achieving it.

• Write down your goals for the next year.

• Write down the purpose for each goal.

• Write down a series of action steps for each goal.

• And each action step (if it takes longer that a week for you to finish) could be considered another goal with a purpose behind it and a series of action steps behind that.

How To Make Money In The Stock Market?

How To Make Money In The Stock Market: Ignore This 1 Rule and You’ll Lose All Your MoneySo you want to know how to make money in the stock market. The first step in knowing how to make money in the stock market is knowing how not to lose it all.

If you ignore this one rule, you’ll lose all your money in the stock market and become one of those bitter skeptics that complains that the stock market is “rigged”.

Go for small daily and weekly gains, not big gains.

I’ve never met any successful trader who was a speculator in the markets. By speculator I mean someone who goes into a trade expecting to hit a home run and make a lot of money off a single trade.

This is what pink sheet and OTCBB traders do. This is why the pink sheets and the OTCBB market has killed more investors than all other markets combined.

You should never buy a stock because you think it is going to be a HUGE winner.

Rookies focus on how much money they can make. Professionals focus on how to limit losses.

Don’t get me wrong. I have hit a home run. It was more luck than skill. My goal was to hit a small winner, but then an external event exploded the stock upward. I had accidentally hit a huge winner. At the time I bragged to family and friends of my stock picking skill. But deep down I secretly knew the truth, I got lucky.

I’ve gotten lucky once in the last 10 years.

When I was young and dumb, I lost $10,000 in the pink sheet markets. I lost another $5,000 in the OTCBB market trying to play jumpers (stocks that uplist from the OTCBB to a major exchange).

I was young enough to come back. I’ll never do that again. Even years later, I still get a pain in my chest and an uneasy feeling in my stomach just thinking about it.

It is amazing how quickly your trading account will build up over time just by making a little bit every week.

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