7 REASONS NOT TO QUIT INTRADAY TRADING.
New traders will initially want to give up. Especially once they realise that the first few years are spent more on studying and losing money to pay for tuition than on creating money. Trading is a two-sided game, and in order to win, you must be on the winning side. Not only does this not always occur, but many successful traders only have win percentages of 60%. Instead, what makes them profitable is the size of their victories relative to their defeats and their tenacity. The key to effective trading is to never give up. Trading persistence involves education, application, and commitment.
7 Reasons Why You Should Never Stop Trading:
1) Trading will teach you more about who you are. Your talents and shortcomings will become clear to you.
2) Developing your trading skills will improve you as a person. Good traders are good at controlling their ego, their fear, their greed, and their ability to take risks in other parts of their lives.
Trading is a fantastic way to gauge your skills. Even though it's competitive, the playing field is even.
4) An excellent trading strategy can generate a steady stream of cash.
5) Compounding allows you to increase your wealth and radically alter your life.
6) Trading is the only activity that gives you the personal control over your financial independence.
7) What else do you have planned? Work a 40-year career doing something you detest while earning money for others?
People who give up do so when they are worn out and angry. Winners don't give up until they have achieved success.
