the difference between good or general trader is all about trading habit , nothing without it . so we the traders should develop our trading habit first of all , otherwise trading life could be a worst part.
yes habit is everything in real as well trading life. so we the traders need to develop our good habit.
i want to be a good trader but this is challenging , because market is soo volatile to predict the real faction.
What do you mean by trading habit? Discipline or trading plan? I think both matter and complement each other
discipline is everything in real as well as practical life. so we the traders should focus on this first of all.
to maintain trading discipline as a beginner that is really difficult due to low trading knowledge and experience, but without it there is no way to survive in this market place.
%% Good D+D\ + dont be afraid of drawdowns / in upTrending bull market But when benchmark like SPY is in polar bear trend\[d] dont trade much too time on long side\ or much size. Jack Schwager top trader interviews are real helpful\ especially IBD founder. Looks like, because if IBD Newspaper\ WSJ finally after all these years\ put a200dma on thier52 week charts.....................
Experience and practice can help one become successful in the market. The more time you devote to learning and practising, the better your results will be.