Hello ..
To be a successful trader or at least an acceptable one you must discover yourself and know the type of trader inside you.
First, let's list the types of traders and their characteristics.
1- The losing trader 🥺 is the one who repeats his mistakes that destroy his capital time after time without learning lessons and improving, and there is no hope for his success except through a divine miracle.
2- The hesitant trader 🤔 has knowledge and understanding, but he spends most of his time analyzing, following up, and planning. When the market is in his favor, he gets terrified, hesitates, and takes his time, and the result is missing real opportunities. This is also hopeless.
3- The impulsive, reckless trader 😤 who does not think or analyze much, and makes deals as soon as he sees a green or red candle, and his condition is also difficult.
4- The gambler trader 🤑 This is the one who has some talent and experience but wastes it with extreme financial leverage and neglecting risk management. He may enter the market with all his resources and lose them because his intuition guides him, and the gambler’s intuition is often disastrous.
5- The contented trader 😇 who is satisfied with a small profit and is keen to reduce his losses. This can continue, but he will remain in the same place and will not achieve high profits if he does not seize opportunities.
6- The winning trader 😎 is the one who has the experience, knowledge, and spirit of a gambler and does not submit to his feelings. He plans his deal carefully, determines his goals, loss and profit, and adheres to his plan no matter the temptations.
Do you know who you are among these?
