The trading roadmap I wish someone gave me 7 years ago.
1. Trade for the right reasons
Trading is for people who want to;
-Quit their 9 to 5
-Work from anywhere in the world
-Have a scalable income skill
Trading is not for people who want to get rich quick.
If you're still interested let's continue.
2. Foundation
Build a strong set of habits;
1. Consistent process for technical analysis
2. Thorough understanding of risk management
3. Technical and emotional trade journaling
A trader can turn profitable just by mastering the above.
You can learn them all in my free telegram trading course.
3. Keep a Journal
Review every week, every month and every year.
The boring work will give you an edge over the competition.
4. Stick to 1 strategy
Use 1 strategy and nothing else.
Start unprofitable, get to breakeven and then get to profitable.
5. Don't Do It Alone
I did everything alone for 3 years with online resources.
This was cheap in $ but expensive in time.
I learned more from a few calls with experts than I would in 6 months of trading alone.
6. Health first always
When you start making real money trading it's tempting to neglect other things, especially health.
Fight this.
Psychology is the key to trading and health is the key to psychology.