Absolutely correct; you can only succeed as a trader with confidence. It's not about bravado it's about how well you stick to your own rules. Following one's own plan, doing it over and over until you are competent, is the way to develop confidence.
I've found lack of confidence leads to wannabe traders exiting trades too early. In addition to reviewing how well you performed, take note of how the trade would have gone if you had the confidence to stay in longer.
Absolutely correct; you can only succeed as a trader with confidence. It's not about bravado it's about how well you stick to your own rules. Following one's own plan, doing it over and over until you are competent, is the way to develop confidence.
I've found lack of confidence leads to wannabe traders exiting trades too early. In addition to reviewing how well you performed, take note of how the trade would have gone if you had the confidence to stay in longer.
davesaund 5 months ago