Always learning to Be a Better Trader
Most success stock and commodity traders truly enjoy trading the freedoms it gives. The fact however to get to the level of being a successful trader ,most experience pain and frustration. This pain and frustration is the learning process. We learn through painful experience, such as the hard knocks of trading.
Losses are tough. Errors and mistakes are always present. There is always a lesson from these mistakes that you need to improve. I’ve always said that mistakes are okay if you acknowledge them and learn from them.
Those traders that pass this threshold realize they can not avoid losses and that they must think in possibilities. A trading system gives them the basis of potential trading success.
When you trade with an attitude of constant and expectation of improvement, you are alert to continually improve yourself and trading. There will never be perfect, but to improve yourself, to make less mistakes. This is the goal. You pay attention to what you are doing that works so you can repeat it. This is the concept of being consistent.
Ask yourself “How can I become a better trader? Focusing on yourself, your trading plan, your moods, how you think will help you become a better trader. Better traders are not made from learning about new indicators or systems. Learn about yourself. How do you feel after a series of trades that do not work. How do you feel after a trade that worked more than you expected? Trading psychology is one of the most important issues of successful trading.