Mindset #5 - Trading REQUIRES an Entrepreneurial Mindset
Trading your own account is exactly the same as starting your own entrepreneurial business.
But what sets the consistently profitable traders apart from the rest of the plebs?
One word and one word only. Work.
You have made a decision that in your first year, does not allow you any time to do anything but build your business.
If you want to be a successful trader, EVERYTHING needs to be allocated to your business.
If you don’t want to put in the work then go and watch YouTube videos in your shitty white collar office job. At least you’ll get paid.
The single biggest reason so many people blow accounts in the first year, is they don't realise how hard it is and how all-in you have to be.
If you want it, then put in the work.
If you don’t then get the fuck out of the game.
The @forexbrokr Mindset Series
Mindset #2 - What a Waster, What a Fucking Waster
Mindset #3 - Why Can't you Flip a Trade into an Investment?
Mindset #4 - Perspective is a Strange Phenomenon
Instagram: @forexbrokr
Website: www.forexbrokr.com
i'm interested
What exactly are you interested in? :P
Something I'm working on every day, I'm sick of working for others but still working up the nerve to work for myself!
Hey rainbowcake,
I think the best piece of advice you can give here is to not quit until your 'side job' starts making more money than your regular one. I don't care what anyone says, you can find time to make your side job work, even while working full time. It's just all about time management and whether you want to make it work for you.
Good luck with making the transition :)