Click here for Post Six of ‘What Trading Really Is’ Series
If you take trading seriously you will think of trading as a business. Not just a hobby, or a
way to get a quick rush, or a way to escape life’s problems, or a way of spending some of your
extra time. You can think of trading, as a lot of things but to make the big bucks you talk
and dream about, you need to think of it as a business.
Businesses have income and expenses. Most of us know that you have to spend some money to make
money. When you lose, that is an expense and when you win, that is income.
Most successful businesses take off slowly build a good foundation then take off. All businesses
have different time frames before they become successful. Many businesses have to adjust when
their markets changing. By making small changes in the way they do things as they learn and grow
they are staying in tune with their market.
You are much more likely to become profitable when you realize that trading is a business.
Do not take it personal when you’re struggling. Do not put blame on someone or something else
when you lose. Just learn how to run your business take it at the speed you feel comfortable with. Learn, practice, implement, evaluate, learn, practice, implement and evaluate. Do this over and over with each trade and watch your business grow.