Here is the thing …
Many novice merchants begin to trade with the impression that they can earn fast money.
Others believe they have a “Holy Grail” strategy, aimed at making a 50% return in a week!
In a short time, these approaches tend to bring you back to break your life …
… And possible, a loss!
But it doesn’t end there.
As a result, these same merchants begin to look for the next quick solution …
… looking for the next “best” indicators … or this month of “murderer” commercial algorithm …
The cycle begins again!
What is happening that keeps merchants in this fruitless circuit?
Isn’t there a better approach to trade that puts it on a real path towards profitability?
Well, that’s exactly what I want to show you in today’s guide.
Specifically, you will learn:
- Why non -reista expectations create a “loss cycle” in commerce
- How to have a stable source of income can improve your commercial mentality
- The importance of the objectives -oriented objectives on results -based objectives and the three key commercial objectives that each beginner must focus for long -term success
At the end of this article, you will have a clear plan to approach trade as a business.
One that minimizes emotional stress and maximizes its long -term success!
Sounds good?
So let’s start!
The truth about the “loss cycle” and how it maintains its remote commercial objectives
There is nothing wrong with dreaming big in commerce.
It is not impossible for trade to replace its full -time work!
One day in the future, trade could make you a lot of money every month, but …
… just dreaming of that teaches you anything about reality.
It acts as a distraction and can put it in a loss cycle.
Let me explain …
Why the unimpeared objectives in trade can damage their results
As a new merchant, often translates objectives …
This can lead to project such expectations in markets …
And then what happens when you get to that first los luggling?
That’s right, the market crushes your expectations and exercises in you! …
And then what happens after a couple of losing gusts when the market is put in the head …?
You guessed it …
You lose confidence!
Questioning himself, begins to look for that “holy grail” in commerce, the “best” strategy you can find.
The end?
Stuck in a start cycle or lose or exploit accounts …
You see my friend …
Everything is reduced to this thing:
Non -reista expectations.
How expectations delay it from your commercial objectives (and what can you do about it)
I know what you are thinking right now …
“If trade won, replace my full -time work, I should follow something more!”
“If commerce is just gambling, I prefer to go to a casino!”
Honestly, trade is not for everyone.
And for some merchants, they realize that at some point in their trip.
But here there is one thing you must listen to before packing it …
Commerce is a business and not a job
There is financial security in having a job.
However, waiting for that stability child in trade is a bad idea.
Because?
Because, in reality, starting trade is more like growing a business.
And like any other business, there may be months or even years before seeing any result!
So how should trade as a beginner address?
What are the correct commercial objectives to lead to consistent profitability?
Good …
Reduce your expectations in trade!
If you can, retire them all.
And yes, I know it is easier to say it than to do it!
But there is an excellent way to help reduce pain from the beginning …
Have a stable source of income
It can be a student to plan to trade using their assignment, or an employee who makes a regular salary …
But at the beginning of your commercial business, a stable income can be a massive source of comfort.
Certainly eliminates the pressure when trade!
It is important to highlight that it is a CENARY to be reception to learn, which is exactly where you need to be.
Now, I know that I shared a great image that shows how rewarding can be a business, might seem much more exciting than a job!
However, construction safety is first an important security network, in the event that the beginning does not work.
You must accept that at the beginning, there is a lot of uncertainty in any business.
Only by having a stable source of income (no matter how large or small) can reduce that risk of uncertainty.
Does that make sense?
Then let’s make a plan!
Commercial objectives that promote it towards profitable trade
So …
What commercial objectives should you focus at the beginning?
COMMERCIAL OBJECTIVES #1: Explore different types or negotiation methods
At this point, you should not operate live yet.
Get a demonstration account, but bring it as if it really was your own Maney on the line.
It is time to win some perspective on trade …
… Look how other people trade …
… and explore different ways to benefit from markets!
There are commercial methodologies as the following trend …
Swing trade …
Or impulse trade …
While I won the discussion in detail in this guide, see these articles for more information:
Trend after the Commercial Strategy Guide
The guide NO BS for swing trade
The essential guide for impulse trade
So, essential, its first objective in trade is to step back and learn about different ways of benefiting from markets …
… to understand what works and what does not work for you!
A great confidence in commerce only happens after he begins to feel comfortable in what he is doing.
Remember.
COMMERCIAL OBJECTIVES #2: Develop and prove a negotiation plan
At this point, things will begin to fall in place.
The above objective was omissions and obtain some perspectives on trade.
This next goal is all about development, an approach that is truly yours!
And here is an essential advice for success …
… you should try to model someone successful.
You don’t want to waste time reinventing the wheel!
Instead, work to improve an already proven approach, adapting it to become yours.
Remember, you want to reduce “proof and error” modeling something profitable or successful in trade.
Do you need a successful day merchant in stock markets?
You can see the man’s man (Shay) here.
How about a successful day merchant in currency markets?
Why, you have Darek Dito, whom you can see here.
A successful price action operator in different markets?
You are Rayner Teo here!
And, of course, it does not stop there, there are a lot of successful merchants out there.
But the conclusion is this …
Choose a commercial style that resonates you the most, then learn from someone with a history tested in the markets.
Negotiation objectives #3: start live trade
Once you have everything in your place, as a well -written negotiation plan, it’s time to start operating live!
It is important to remember: you want to start by little.
Because?
Because you finally have a strategy that works, it does not mean that you have the confidence to change it with your money earned so much effort.
This difference is the reason why many merchants can obtain yield negotiation yields, but a life begins to trade live …
… Everything goes out the window!
When starting a little in live trade, it coincides with its confidence level (small).
It also puts you in a mentality in which you are less pressed to performance.
By sticking less to your money, you can focus more on executing your strategy correctly.
Only once you begin to see positive results, you must add more funds.
Because in that case, you are betting on something that works!
Do not forget now …
The objectives listed here are only the minimum.
But here there is enough to ensure that your learning curve will shorten, less pain and less barrier to enter the market.
Basically …
While these commercial objectives are designed to help you build a sustainable commercial business, they are simply the first chapter of your commercial trip!
As these objectives are achieved one by one, there will come a time when it will begin to overcome them.
You will be ready to bring things to the next level at that stage!
It is another beautiful aspect of each merchant’s trip towards success.
Conclusion
I did this guide as agile as I could to make sure I can consult it at any time.
Use it as a plan to save time and money in the long term, reducing how much time you spend on trial and error!
To conclude, this is what you have learned today …
- The “loss cycle” in the trade of a beginner occurs when he projects his expectations in the markets
- One way to reduce attachment to expectations in trade is to have a stable source of income, putting it in a mentality to learn
- Some of the best commercial objectives to begin are oriented to the processes, such as building a negotiation plan
Each merchant ends up adopting their own approach.
Your trip can be different from others!
The objectives you choose can closely align with those I mentioned, but there is always a margin for individual approaches as well.
In that note, what are some commercial objectives that believe that they could be added to this list?
Have you tried some of them in the past?
Did you have success and what aspects did you learn more?
Avise me in the comments below!
