Trading Mindset

[tottong]

Mindset is the main thing in trading, it is not only for the rich, let alone the poor. The mindset that the more money you have, the more profit you will get is also wrong, trading is not about having a lot of capital or not having capital.

Because in my personal opinion, the mindset in trading is based on the way we think, when we take a stance or decision in carrying out trading activities. For example, when we trade, we must be able to control our emotions, must be disciplined, and understand the risks we get in trading. So, having a good mindset in trading can make your decisions rational, for example, with a capital of $ 10, of course it is very difficult or even impossible to get a profit of $ 1000 in a short time.

Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading.
But if someone has a small capital, it will be much more difficult to determine profits in the short term.
Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading.

One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses.

[Fredomago]

Mindset is the main thing in trading, it is not only for the rich, let alone the poor. The mindset that the more money you have, the more profit you will get is also wrong, trading is not about having a lot of capital or not having capital.

Because in my personal opinion, the mindset in trading is based on the way we think, when we take a stance or decision in carrying out trading activities. For example, when we trade, we must be able to control our emotions, must be disciplined, and understand the risks we get in trading. So, having a good mindset in trading can make your decisions rational, for example, with a capital of $ 10, of course it is very difficult or even impossible to get a profit of $ 1000 in a short time.

Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading.
But if someone has a small capital, it will be much more difficult to determine profits in the short term.
Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading.

One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses.

Indeed, those traders who aim for a bigger profits without finding first the realistic profits from the amount that they invested, like what you have said, if you invest $10 and you think that you can achieved $1000 though it's not impossible as there are instances that it happened, but not everyone can do achieved it and most of those who have that mentality loses a lot as timing is important and when they experienced losses they become aggressive and lose their patience.

[Lida93]

Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading.
But if someone has a small capital, it will be much more difficult to determine profits in the short term.
Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading.

One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses.

For anyone to make money in trading, they must have capital and that has been a major problem of many traders; that's why many would go as far as borrowing funds just to have enough money to trade in the market.
 Loses and profits are two things we must expect from trading and it's a good reason why we must not just expect profits alone because the contrary can happen to us without any awareness. Every trader must have the mindset of expecting any kind of outcome from the market.

[BitBakerr1]

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre]

I agree with you Yanghudi, before going into trading you should have a positive mindset, some people when they go into trading they just have the mindset of just trying, they are never positive and that makes them lose money, in everything you do in this life not just trading you need to have a positive mindset if not you will find yourself missing out and losing, because the way you think and reason is the way you function, so if you are reasoning or thinking in your mind that you are just trading in other to see how it works and not really for money making you won't make money out of it, but if you are having the mindset that you are going into trading because you want to use it as your source of income then it will surely become your source of income, with this kind of mindset you will work very hard to make sure you achieve your goals, yes trading is risky but people still make money from it and if you can't have a positive mindset if trading because of the risk involved then I will advise you stop it and focus on long term investment.
It is very important we have a positive mindset in trading and everything thing we do.

[Oluwa-btc]

About Trading

 -For the rich, this is a place to multiply money,
with a capital of 100,000 Dollars then trying to find consistent
profit of 100 Dollars per day then it makes sense!!-

 -For the poor then a place to find a living & wealth and then
with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! -

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!!

It's all about having a good psychology. Trading is risky, and we all know that. If you don't have the right mind set, you may find your self losing too much in the market. A rick trader would only risk 1% of his funds and make money out of it. A poor trader would want to risk 100% of his funds because he wants to try to make too much profits from his risk. The rich will surely remain rich because even when he losses that 1% he has something to risk again. But the poor who went all in would be left out on potential winning opportunities...

Very well then, because that factor is primarily essential to hold unto as a trader.Trading is risky and so traders are expected to be consistent in whatever they believe in.The fear of missing out on the benefits of been a trader is necessarily the premium push up that keeps your trading activities afloat.The mind is a great tool and As a trader,first thing first is to fix your mindset and everything falls into place.

[Odusko]

About Trading

 -For the rich, this is a place to multiply money,
with a capital of 100,000 Dollars then trying to find consistent
profit of 100 Dollars per day then it makes sense!!-

 -For the poor then a place to find a living & wealth and then
with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! -

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!!

You think that having a large capital is a tool to making profits from trading, I don't believe that because even with a million dollars capital if you have a wrong trading approach, eventually you still end up losing that whole money, most expecially if you are trading derivative market., so huge capital alone is not a yastic to making profits after all

[Swordsoffreedom]

About Trading

 -For the rich, this is a place to multiply money,
with a capital of 100,000 Dollars then trying to find consistent
profit of 100 Dollars per day then it makes sense!!-

 -For the poor then a place to find a living & wealth and then
with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! -

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!!

You think that having a large capital is a tool to making profits from trading, I don't believe that because even with a million dollars capital if you have a wrong trading approach, eventually you still end up losing that whole money, most expecially if you are trading derivative market., so huge capital alone is not a yastic to making profits after all

Yes, large capital is an advantage but it is not the deciding factor in the results we will achieve. But as I understand, OP is not emphasizing on capital issue, what he means is mindset in trading and mindset will determine the results we achieve.
Mindset is really the key in trading because if we have the right mindset, know how to control our emotions, set realistic expectations, have discipline...that will help us avoid making mistakes and achieve greater success.

[harapan]

 -For the rich, this is a place to multiply money,
with a capital of 100,000 Dollars then trying to find consistent
profit of 100 Dollars per day then it makes sense!!-

 -For the poor then a place to find a living & wealth and then
with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! -

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre]

This mindset doesn't make so much sense to me when the end  product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that.

[Joeboy]

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!!

In trading, your mindset is everything- it controls when you trade, how you trade, it even controls your response or reaction towards every trade you place. That is why having the right mindset towards trading for me is far more important than even studying or reading the chart. This is because a trader without emotional control, even though he has the best strategy, will always find a way to lose more than he profits.

Fear, greed and even impatience tends to ruin more trade than bad analysis would. That is why it is very much important to get your head into the game, have a solid mindset, cos with it, you will stay disciplined and always stick to your set plans and strategies.

That is why most traders are very fond of saying this Master your mind before you master the market-Its very important.

[alastantiger]

This mindset doesn't make so much sense to me when the end  product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that.

Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it.

[ScamViruS]

 -For the rich, this is a place to multiply money,
with a capital of 100,000 Dollars then trying to find consistent
profit of 100 Dollars per day then it makes sense!!-

 -For the poor then a place to find a living & wealth and then
with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! -

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre]

This mindset doesn't make so much sense to me when the end  product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that.

It is important to create a trading mindset. If you cannot create a trading mindset, you will not be able to survive in the market even if you are rich.

I am also a trader, so I know how important mindset and trading skills are to succeed in trading. I always think of trading as a game of knowledge, skills, and psychology. You can't ignore anything if you really want to profit from trading.

[doomloop]

large capital is an advantage but it is not the deciding factor in the results we will achieve. But as I understand, OP is not emphasizing on capital issue, what he means is mindset in trading and mindset will determine the results we achieve.
Mindset is really the key in trading because if we have the right mindset, know how to control our emotions, set realistic expectations, have discipline...that will help us avoid making mistakes and achieve greater success.

Few things always needed to be understood before jumping into any talk large capital is good but it's never been had impact on results at the end because if you have good mindset which can control all around then surely you are capable of having better results.

Positive and creative minds always have better results instead of minds which always feel they are having large capital which is enough and can give them success trading needs many things which are important because it's also had changes which always works knowledge and understanding of risk management is always important for anyone. After having well awareness about these things always needs to control emotions and have depth of understanding all consequences which are happening around during trading.

[leonair]

You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you.

But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once.

Yeah the op is quote right. a small profit does not make anyone happy whether he is trading in a very small range or with a large amount. That is why when a rich person trades with an amount of more than $10k and makes a profit of $50-100 then it is fair for him and at that time he is happy for it but when someone starts trading with $100-$200 then how much profit can he expect it should be $1-$2 per day. But even in that case he is not happy until he makes a profit of $20-$50. And because of this they gradually move towards leverage trading and later they lose their trading capital there. That is why the percentage of successful trading of poor people is much less than that of rich people.

[Fredomago]

This mindset doesn't make so much sense to me when the end  product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that.

Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it.

Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets.

Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment.

[YOSHIE]

Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!!

You try a reasonable and positive mindset, I do not deny what you say, the facts on the ground are so, I see for themselves those who do the crypto trading method of spots, it's easy for them to get $ 100/ day.
What's more the current crypto market situation, for example, the price of Bitcoin $ 105k rises to $ 109k tomorrow down again and rises again.
I had thought whether the crypto market is currently being played by those who adopt Bitcoin on a large scale, like their company just buy 100BTC then the spot.
If yes, it is easy for those who adopt bitcoin to print money per day they only receive $ 1k at 100 times = $ 100k per price of bitcoin rising, this really makes sense.

[ndutndut]

Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets.

Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment.

Mindset plays a very important role in achieving success in trading. Because trading is not only about mastering strategy or analysis, but also about mindset. Without a mindset, you will be trapped in the market, even when you experience losses, you will continue to trade even though trading in a hurry and without discipline will make you experience even worse losses.

You must have the right mindset so that in running your trading you do not get caught up in things that do not need to be done. So this will make you always evaluate your trading results, learn from mistakes, want to learn from experience and continue to develop trading strategies. Because by having the right mindset, you can increase your chances of success in trading and minimize the risk of loss in trading.

[Lanatsa]

This mindset doesn't make so much sense to me when the end  product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that.

Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it.

Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets.

Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment.

It all matters about acceptance with those loses and the ability that you would be able to make yourself to adjust according into it. Always be putting up in mind that the best teacher would coming from real experience and with that then you do become that even more better as days passing through and this is why it would be that important that you should be that knowing at least on how you would be able to control your temper or simply with your emotions plus with your mindset. The only issue on here is on how you would be able to make out adjustments accordingly. If you do see yourself having those kind of reactions like on having that easily get discourage with some few loses on which there are those people who do easily get that kind of reaction on which they would be that not to turn back and learn up something more just because they've been concluding that they cant be able to take it out or would be able to make it just because of experiencing some loses. If you are trying out to be perfectionist then that would be a huge issue on this case or something that you do need up to control.

When you are trying out to touch up trading space then make it sure that you have been that mentally prepared about into those probabilities and possible scenarios that you would be able to encounter. If you are someone whose that not trying out to make those kind of adjustments and would be that fixating yourself about into something then you wont be able to progress and thats a big problem on this case because you wont be able to see yourself improve as long you dont accept those learnings along the way. It all matters about on how you would be able to sustain and survive with this unpredictable and volatile space. Learning is on continous curve and there's no way that you can be able to predict on what would be the things that could happen ahead. If you do know on what you are doing and made out those actions on which you do seem that could be beneficial or helpful, then this would be the most ideal way on reacting into it.

[Kagaru]

Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets.

Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment.

Mindset plays a very important role in achieving success in trading. Because trading is not only about mastering strategy or analysis, but also about mindset. Without a mindset, you will be trapped in the market, even when you experience losses, you will continue to trade even though trading in a hurry and without discipline will make you experience even worse losses.

You must have the right mindset so that in running your trading you do not get caught up in things that do not need to be done. So this will make you always evaluate your trading results, learn from mistakes, want to learn from experience and continue to develop trading strategies. Because by having the right mindset, you can increase your chances of success in trading and minimize the risk of loss in trading.

That is a fact for sure. The totally decisive thing between those who can subsist in trade, and those who burn out is a powerful frame of mind. Failed bets are part of the game and you will never be able to survive it with a strategy in case you feel bad when you lose. But the impotence is how you respond and what you will take out of it. Passivity and objectivity will allow you to keep your vision clear and plan more thoroughly in foreseeable future. Individuals who react to every single loss by making it personal tend to end up running after the market and making it even difficult. So, yea, mindset is not only beneficial, but it is mandatory of you want to survive in this field.