Is it difficult to follow this system? No. To say that, is it difficult to quit smoking? Those of you who first used to smoke – or even smoking – might say that it is really tough. But if it was your answer then ask yourself if it is so difficult for another cigarette not coming in the light?
This is actually a theory that you should play a role in every major effort. When you set a new path, it helps to set a clear, definite goal to help you. If you do not set any goals at all, or ambiguous goals, then you have nothing for the benchmark, clarifying the goals helps you to stay on the path to success.
This second theory comes handy for the first time, determines many early business goals, they are not very realistic, the goal of making a $ 10,000 annual profit with $ 500 business capital is very enthusiastic, ambitious and optimistic – all very They are the only good qualities – but for Hollywood, such missions are best left impossible. And since failing to reach a goal is very demotivating, there is actually no reason to set goals which is difficult to obtain ridiculously.
To make sure that you set realistic business goals, you should answer the following questions for yourself:
• How much money can you invest? Your financial goal is partly based on the amount of money available to you business.
• How much time can you devote to study? The more time you can spend on expanding your knowledge, you can explore and master more business strategies. Learning about different business strategies and techniques will increase the likelihood of finding a strategy that is really suitable for you.
• How much time can you devote to the business? Answering this question will help you overcome many business strategies. For example, if you have a full-time job that allows only one hour of business each day, you do not have to bother with inter-trading.
Every successful businessman will tell you that the most challenging aspect of business keeps your emotions out. It is difficult to live in trades, which have very unexpected benefits, such as it is difficult to stop the business that is running with you. It is difficult to believe in a business system, which is not left for some time, and doubt about what you do.
Whatever you can do to limit the temptation to make emotional decisions, and the most important steps you can take on that gap is to find out what kind of merchant you have, what kind of business personality do you have? Are you impulsive, (relatively) good to take the loss? Are you patient, disciplined, do you believe that the natural direction of a given stock is up?
In my book ‘Ambitious Beginners for Foreign Exchange’, I work in the self-evaluation process for businessmen in depth and list many such questions that will help you measure your business personality. If you already have a book, then I firmly recommend that you spend time on the chapter about self-assessment.
Rather than breaking one out of the internet, you should create your own business system. I know that it is very attractive to just copy some (supposedly) successful business dealer’s business system, and it can very well be a very beneficial strategy, but this is the fact that it works for them. That does not mean that it will work for you.
The best part is to pay attention to those strategies and tell other traders what works for them, to see which parts are really close to you. Borrow the bits and pieces from other business strategies, but only mold them into a strategy that is optimized for your business personality, financial circumstances and timetables.
If you are a hobby trader and want to be in the market without losing too much, you do not have to spend years in building your system, but if you are serious, if you want to achieve financial independence, before You can take years before you build and streamline your own successful business system
Do you think that’s a little long? How about if you were starting a business and someone told you that it can take three to four years before it becomes a successful business Do you think that will be very strange? Because if you do this, you do not start a better business. To stay alive, trading on financial markets, to be economically independent, there is also a business. Before you trade profitablely earning before you can take a few years before. (And tell someone differently to you).
So, find a business strategy that fits your business personality, set up a set up, create an exit strategy, and determine the right money management, and you