During the trainings of SEAL they get new habits and lose the wrong and useless ones. They are trained for the mission as we are as investors on our horizon there is only one goal at the end of the day– the profit. They learn from their mistakes day by day and the purpose is to get good habits and stick to them.
- Be loyal. Team loyalty in SEAL, but in trading means you should be loyal to your system. Don’t change that often. Never let your emotions rule your trading. Follow your rules around the clock.
- Be reflective. Analyze yourself and your trading history and reflecting on your mistakes and learn from them. Ensures you never repeat them.
- Be obsessively organized. Sleep, do exercises and make your whole day organized. The best traders are very well organized and work hard.
- Assume you don't know enough. Because you don't. Any effective trader understands that training and learning is never complete. Being an investor is a long life learning process which never stops.
- Be detail-oriented. Take all your attention at the small informations and news and analyse them. Be well informed and read as much as you can to get more information to make better decisions.
- Never get comfortable. The trading arena and the floor is not that place where you are going to have comfort feeling. It is a battlefield and you should push yourself outside of your comfort zone.
This list is the beauty of trading and proves why is one of the most fascinating and inspirational job in the world. Maintain these habits, and encourage yourself to follow them.
Start your investment here with us: http://www.bfmassets.com/managed-accounts
The BFM Assets Team.
Start your investment here with us: http://www.bfmassets.com/managed-accounts
The BFM Assets Team.
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