Trading should be treated as a business and it is this simple logical reason why it is called trading. Trading is the act of buying a product or merchandise then selling it to making a profit out from it. Isn’t that’s what we do as a trader?

This mindset should be applied into our trading. It is that simple and please do not try to complicate it by putting in some complex money management strategies. I am not saying that money management is not important. It is important but it has to be simple because the majorities of us do not have a PhD in finance to understand it. Simplicity is of utmost importance.

Remember, we started out as small petty traders and we should keep thing as simple as possible. Never should we let lose our minds and fall into the “Big Headed Syndrome”, believing that in order to make big profit, we must place big bets.

Please do not let those experts lure you into believing that you too can make the same kind of a killing. It will eventually kill you, it is a delusion, it only happens at random. It is just like striking a first prized lottery ticket.

Use your common sense. Don’t believe every thing you see. Most of us seem to forget our objective and become irrational when we trade. We become impatience and want to get rich quickly.

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