They become the opposite of themselves when they were beginner traders. They know they can improve and want to improve. They also take less trades because they are looking for quality high probability trade setups.
Most also begin to review all their losing trades. At the same time, those who have not yet learnt to use the Elliott wave principle, Fibonacci and fundamental analysis begin to do so. They also start using the 5% money management.
What is going on is similar to a consolidation before a breakout. That is normal. That process can take three to five years or more with few years of absence in the financial markets. Though, people will think that it is over, it is not yet over because the trader has that certainty that he or she can trade and now wanted to get paid for it.
No one is going to stop him except himself.
As long as the trader is aware of his state, and what he is going through, he will finally break free and start gaining. All it needs is a shift or change of mindset that will occur after two or three specific winning trades.
Have you missed what I have just said. You did. No worries, let me explain it to you one more time.
For trader to break free and begin to get paid, all that is needed is a shift or a change of mindset after two or three specific winning trades. Does it make sense? Not yet? Please stay with me because once you get this you will probably thank me for a long time.
You see, the trader knows that he knows how to trade. That is what I call the moment of knowing how to trade. When that happens, the trader will have no doubt about it.
He is certain that he knows how to trade. That is why he or she is unhappy when he or she is not getting paid yet. However, the problem is his mindset.
He is still focussing on losing trades instead of winning ones until one day after two or three winning trades, he takes a pen and paper and writes down why and how those trades were so great or sweet.
Now, he only wants to focus on those profitable strategies and financial instruments. He has found his winning formula that he wants to concentrate on. That trader will finally get paid.
That is it friends, that technical trader or investor will never be the same again because he can trade and has a winning formula.
The difference between one that can trade and one that gets paid as a trader is that the latter has a winning formula.
When a trader who knows that he knows how to trade finally finds his or her own winning formula then the waiting time is over.