Don’t place the trade immediately after you start to see the chart. Trading is not like your day job. As a professional trader, A trader is doing his job, when he/she is doing the following things:
1) Analysing the charts
2) Waiting with patience for the good trade setup.
3) Taking action only when the alert hits
4) Placing the trade only after the confirmation
5) Doing nothing, just watching the markets without placing any trades.
6) Practicing and backtesting new trading skills in the demo account.
7) Analyzing more and trading less.
A good successful trader will be doing these above things instead of taking over trades like a bad trader.
❌Trade more is not equal to Earn more.
✅Trade less with good quality setups = Earn more.
Tags:
FOREX