Stock trading provides everyone an equal opportunity to make money. The best traders understand that the key to their success is within. When things don’t go their way they do not put the blame on anything other than themselves. They realize that anyone can make good trades as long as they are educated and willing to take calculated risks.
Key Takeaways:
- While old-school thinking dictates that success is an earned entity, the modern mentality seems often to be that failure is due to someone else.
- In the arena of trading, for example, failure to capitalize is often blamed on bad advice, a bad system, or an inept broker.
- However, it’s the trader’s know-how, state of mind and inherent risk taking/ risk management skills that tips the scale towards, or away, from success.
“”Life owes us nothing but the chance to be the best we can be while we enjoy our short time here on earth.””
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