One of the most import things we need to have as TRADERS is CONFIDENCE.
This confidence needs to be there in your analysis, your understanding and also the very moment you press that button to enter into a trade.
If you feel uncomfortable with any part of your trading, you should stop, stand back and ask yourself why?
This lack of confidence could be from a number of things including, Little or no education, not having a solid trading plan, or risking more money than what you are comfortable with.
So how do these things give us confidence in TRADING the MARKETS?
EDUCATION in TRADING will provide us with the knowledge needed to understand the market and how it works.
Having a TRADING PLAN which includes our STRATEGY and goals will keep us disciplined and focused.
We only want to be risking an amount of money that we are comfortable with.
If you are second guessing your trades or losing sleep at night, chances are that you are risking more than what you should be!
PAPER trading is a great way of practicing and gaining experience while not risking a dollar!
At EquitySmart our mentors teach these values and provide education to TRADE the MARKETS with CONFIDENCE.
So the question for you is, do you trade the market with confidence?
“An investment in knowledge pays the best interest.”
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