THE most important thing to become a profitable trader , NO ONE KNOWS

Hi friends,

Today I discuss very important thing

this is something I got from a discussion with on of my friend in USA who has over 1 million trading capital.

but first of all , please click the below link and subscribe to this free newsletter about money.

What is the single biggest reason why most traders end up losing money in the market?

They do too much – they think too much, they look at charts too much, they trade too much, they risk too much and more…

The most successful traders and investors ,spend 99% of their time waiting for opportunities and studying the markets, rather than trading them.

Approximately 1% of their trading effort is spent executing trades and managing positions. In other words, most of the time they are doing NOTHING.

are you the same?

Or, are you spending 99% of your time entering and managing trades and only 1% of your time waiting patiently?

Just as a Crocodile spends most of its time stalking its prey, a profitable trader spends most of his or her time stalking good trades.

You want to trade like a predator, not the prey in the market, what I mean by that is, you want to be the trader who is waiting patiently in the ‘bushes’ for the ‘easy kills’. You do not want to be the masses of prey (amateur traders) who get ‘eaten’ by the professional traders every week.

How do you accomplish being the predator and not the prey? It’s simple really, waiting for the best trade entry.

Here is a great quote from commodity trading extraordinaire, Jim Rogers from The Market Wizards ;

“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime. Even people who lose money in the market say, “I just lost my money, now I have to do something to make it back.” No, you don’t. You should sit there until you find something.”

You see?

The point here is that most of the time, profitable investors and traders are doing ‘nothing’ and by nothing, I mean they are not entering trades or managing trades.

of course they are studying or analysing the market in the meantime.

so this is exactly why I have become a profitable trader and I have 100% win rate.

I do not trade too much , I trade on daily chart, I enter a trade only to win on best trade entry.

so do you want to become a profitable professional trader?

you can now join with me to follow my trades real time !
https://www.patreon.com/SLtradingacademy