How to move from an intermediate to a professional trader.
TREAT YOUR ACCOUNT LIKE YOUR BUSINESS
1. Follow a Trading Plan
Pros have a clear, tested strategy and stick to it.
Beginners often jump from one strategy to another after a few losses.
2. Master Risk Management
Pros never risk more than a small percentage of their capital per trade (e.g., 1–2%).
Beginners often over leverage or go all-in on one trade.
3. Stay Emotionally Disciplined
Pros don’t chase trades or revenge trade after losses.
Beginners let fear and greed drive their decisions.
Overconfidence makes you lose control.
Also learn to execute accurate setups without hesitation.
4. Use Journals and Track Performance
Pros track every trade: entry, exit, reason, and outcome.
Beginners rarely keep records, so they repeat mistakes.
5. Wait for High-Probability Setups
Pros are patient; they might not trade every day.
Beginners feel the need to always be in the market.
6. Understand Market Context
Pros look at trends, support/resistance, and big picture.
Beginners zoom in too much and miss context.
7. Focus on Consistency Over Big Wins
Pros aim for steady, repeatable profits.
Beginners often chase “home run” trades.
8. Learn Continuously
Pros constantly review trades, learn from losses, and improve.
Beginners may stop learning once they find a single strategy.
9. Adapt to Market Conditions
Pros know when to be aggressive or sit on the sidelines.
Beginners often use the same strategy in all market conditions.
10. Accept Losses as Part of the Game
Pros treat losses as business expenses.
Beginners take losses personally and get discouraged.
