Final stage of trading08 / February / 2020
There's a lot of talk about stages in trading. According to some of them, we understand that the theoretical approach is considered to be the initial stage in trading. At this stage all the nuances and peculiarities of the market are studied. We often hear that novice traders leave the market at this very stage. There is nothing surprising here. After all, even without knowing what the market is or the value of volumes in trading, they immediately try to earn big money. Even without caring about the fact that entering with a large lot does not leave even a minimum chance of success. The final stage in trading is a practical approach, when a trader knows a lot about the market. Not everything, but a lot. Because of the volatility of the market, it is impossible to know everything. So, let's talk about a practical approach to trading. At this stage, the trader controls what we call a psychological factor. The trader clearly represents all responsibility for the turnover of his money. But what is really important is a stable thinking, which tends to the probability theory. It is this factor that brings enormous importance in the formation of a trader. In other words, stability of trading. What can be considered stability in trading. It is a constantly growing balance. And not only in one definite period. We all know about traders who do not get off the podium in ratings. Yes, they are successful. Stable trading, which only occasionally shows a small line down. But this is a natural moment in trading. But let's get back to the final stage. If at the initial stage, the trader does not even suspect that he is vulnerable due to lack of necessary skills, then the final stage has limited these vulnerabilities. One of these vulnerabilities is fear. Many people bypass psychology in trading, without assuming the level of significance of this factor on the way to formation. But trading psychology is the only factor that performs only two actions. Or it makes you forget about trading once and for all. Or it leads the trader to the final stage. All traders, who have competently evaluated the importance of this factor, are at the top. But at the beginning of this path, the trader will certainly face a struggle between his desire and opportunity. In the subconscious, we understand the level of our capabilities. But as for wishes, it is a bit more complicated. The way not everyone can overcome this feeling. Naturally, everyone wants quick and easy money. But this has never happened and will never happen. But to wish is one thing, but to turn that wish into reality is quite another. Because what's important at this stage. The goal that the trader sets for himself. But he will never be able to come to this goal if he does not focus his attention on it. The set goal should always prevail over all other factors. All attention is focused only on it. And gradually, the psychological factor will invisibly work for the trader. All traders, who want to succeed in trading, should understand that one way or another they will have to change their thinking. Thinking in the wrong categories, which we were so used to at the initial stage. Here we have a completely different approach to trading. Here they do not think of trading as a game. All thoughts are aimed only at achieving stability. This is the only way the trading process will bring what everyone hopes for.
The final stage implies, first of all, control over thinking and subsequent actions. Everyone knows that the market does not forgive carelessness. A trader must adjust his consciousness in such a way that the thinking is aimed at strengthening his beliefs. In terms of psychology. The removal of all psychological factors will increase control over the trades. After all, before opening an order, the trader must determine the price of the error. If you do not take this into account, you can get into a situation when you will have to evaluate the error after it has been made. For example, the minimum volume with a large deposit. In this case, the trader can make one or even two small errors. But a large volume with a small deposit does not entitle a trader to make a mistake. As the volume increases, the number of permissible errors decreases. If you do not follow this postulate, at one point you can see the liquidation of your trading account. And this is always unpleasant.