Principles

Six-Stage mechanism for successful traders

by O B O B No Comments

Most importantly, more so than any other firm I have worked at, is the emphasis you must put on yourself. You are totally in control of the gain and losses in your trading. You need to be extremely goal oriented. This entails choosing a time of the day to trade where your concentration level should be 100%. No family distractions or day to day activities. You have to commence with the idea that been committed to trading is been carried out when your environment is serene, basically a calm and silent time.

From the bases powerful strategy and focus, this six-stage mechanism is put forward. These are; discipline, routine, principles, rules, control, and patience.

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