Successful traders have a strong motivation to achieve goals. Kouchery and experienced traders have long noticed that the best results in the trade are making those relatively early in his life set a goal to succeed. These are people who have persistence in achieving goals. They are not easily give up their ideas. They operate on the verge of the possible, accumulate experience, until they reach the highest level of skill. In this process it produces a stone with confidence. They do all this so quickly and independently as possible. If your goal is to achieve financial success, it is in your best interest to show the zeal to achieve the goal. Continue reading “How to become more ambitious”
What kind of work you do would prefer: the one on which a stable pay a small salary or the one whose salary is not high, but fragile? The answer to this question will allow you to define your preferences and risk tolerance. Most practitioners of short-term traders would not mind to abandon the security and stability in favor of higher wages. In comparison with conventional short-term trading jobs – a very risky proposition. Thus, if you do not learn to tolerate risk, you’ll feel too much excitement and anxiety during trading.
Scientists have conducted a series of studies to determine the predisposition of people to take risks. People with a high level of risk tolerance is generally older and more educated. Investors who have received their money in the inheritance, or trading other peoples’ money, as well as those who have a profitable low or average, tend to avoid risks.