When new traders enter the markets, they’re usually anxious to start trading as soon as possible. This leads to jumping into the market even when there are greater risks.
Order Flow Analysis is a powerful tool that should be in every trader’s arsenal whether you’re a professional trader, new to trading or just looking to start a new career.
You need to understand that no amount of goals setting without discipline can lead to success. You cannot succeed in trading without discipline.
What makes an F1 racing champion? Is it the car? Is it the technology that went into building the engines? No, it is the driver. The driver's confidence around corners and patience in the face of daunting challenge by other drivers makes a champion.
Day trading is nothing to fool around with unless, of course, you have money to burn. If you’re serious about trading, make sure you don’t fall in the trading “hobbyist” category because you’re chances of trading success will be minimal.