5 useful trader habits. Anton Hanzenko.

Each trader has his own set of habits, which allows him to be successful. And, probably, hardly some useful habits will also be useful to another trader, because each person is unique. So, for one, the systemic approach is a grail for trading, and for another, the reason for refuse to trade.

Today we will talk about a few useful habits of the trader, which in general have a good impact on the trader.

It is immediately necessary to understand that habits are established actions, and no one-off actions. As a rule, the habit is considered settled when it is performed automaticaly. The actions that a person performs several times, and at the same time supervise their implementation, is difficult to call a habit.

So, 5 useful habits

Desire to develop

Probably, the desire to develop or gain knowledge is the basic habit that makes a person move forward. So in trading, there is no unique strategy that always brings profit. The market is constantly changing, and a successful trader must keep pace with the market, change and learn to look for new approaches and strategies.

Follow your own rules

It is never worth neglecting your own rules, which you previously established. There are times when a trader in pursuit of profit neglects a part of personal rules. As a rule, this is a trifle, which does not play a key role: it is not important to remove the stop or remove it altogether with the thought “I’ll fix it later”, increase the volume, and not calculate the risks … But, if it becomes a regularity? .. Everyone, anyway, admits inaccuracies, which eventually turn to their own rules based on experience. The main thing is to remember about the reasons that served to create these rules.

Follow the strategies

A habit or a rule, if you like, which will allow you to earn. But, since the market is unpredictable, be sure to keep on hand the good old trading plan.

Do not follow the strategy

Or have a plan “B”. As you know, there is no unique strategy, and therefore even the most efficient one can give a negative result. Therefore, it is not necessary to adhere to the last loss-making strategy, even if it previously showed a positive result.

Watch for well-being

You cannot be completely focused on important things when you feel discomfort or become hostage to some other negative factors. This applies to the moral state, and to physical health. Trading is often a stress, so if there are cockroaches in your head or other problems, it is better to refrain altogether from trading that day.

Develop good habits and try to reduce negative factors and this will have a positive impact on both trading and your life.

Many other useful tips can be found on our website in the Trader’s Blog section!

Hanzenko Anton