How to win trade? that's most difficult question if you cannot win your trading, but that could be easiest question when you start to win your trading.
First, let's think what we need for trade.
1. Time - we need time to trade
2. Trading - we must have our trading system that works to make benefit.
3. Capital - we cannot trading without money.
then, those 3 are first basic stuffs for trade,
and let's think about what we have to do for those 3 basics.
1. Time - we have to schedule time for trade.
If you have another work and you are part time trader, you have to take a time for your work, then find free time for trade. It is better to make the same schedule everyday, market has trend each time, for example, forex market rise or drop sharply to make trend sometimes when London market is open.
If you are full time trader, just trade all day, no matter you trade swing trade and have enough time, it is better to watch market anytime, that would be nearest way to be success trader.
2. Trading - we have to have skill of trading, trading mental, and trading rules.
Skill of trading is absolutly trading system. if you do not have trading system that can make benefit, you just lose money.
Trading Mental is important, we have to think anything can be happened on market, and be cool anytime.
Trading Rule is required to have good trade, for exmpale, if you make Loss Cut Rule and always keep this rule, your trade is not fail at once when you loss. Next we need to know we have tomorrow everyday, if you lose, just study why you lose and rest until tomorrow, and be cool. Third, Market is always irregular and ramdom, then we need advantage of possility, and trading rule give us advantage if we can keep our own rule.
3. Capital - do not give up no matter you do not have money, everyone ( most of people ) have no money at first, I even started from only 2000USD DEC/2003!
When you start trading, you have to trade with your capital you can accept to lose all money. that's also trading mental to accept risk, if you cannot accept risk and cannot accept to lose all money for your trading, your trading would be difficult to work.
If you do not have money to trade, you have to work and earn money, do not care how much it is, for example. if you invest 500USD from your salary every month and if you win trade with 2% gain average every day, one year later your capital would be 50K USD, it means you earn 4000USD ~ 5000USD every month and save all for one year, so we do not have to be hurry up anytime, forget about money, just enjoy trade. :)
* I do not take any responsivity for your trade, please trade for your own risk and responsivity.
