I have been getting a few questions about what it takes to become a profitable trader.
Let’s face it, trading is a competition. When one person buys, another person must sell. There is no, “win win” situation in trading. When you win, someone else must lose. This is what is meant by the term, “Zero-Sum.” It is very plain and simple.
I don’t know about you, but I am a very competitive person. Competition is hard wired into my genes.
Competing is living to me.
If you are not competing against other people, you should be competition against yourself to make yourself better.
I work at perfecting my trading skills everyday. I will do whatever it takes to make sure my trading skills give me a profit at the end of every day, week, month and year. Yes, I do have losses, as all traders do, but the point is, you must strive for perfection.
I will outwork, outlearn, and out perform anyone in front of me. It is my shear determination to become a better trader and win that keeps me going.
Being the best trader is my passion! It comes before anything else in my life, yes even my family.
It is not a hobby or dream. It is a my living addiction.
I find God in my charts. I pray to him before I attempt any trade. I ask him to give me good judgment and make my profits large and my losses small.
Trading is no different than anything else that you want in life. Everything in life has a price to pay. The question that you must ask is, “Are you willing to pay it?”
So before you start to trade, you must ask yourself, “Can I compete with someone like Michael.”
If the answer is, “No” save your money and buy Index Mutual Funds with low or no load. If the answer is, “Yes” get the best training you can find and trade.
“What we have to learn to do, we learn by doing.” Aristotle
Sincerely,
Michael MeAngelo
