The Truth About Trading: 5 Things You MUST Know

The Truth About Trading: 5 Things You MUST Know

🔴 Want to learn more from Tim Bohen, check out StocksToTrade Pro: http://bit.ly/3a0RfPc 🔴 Try StocksToTrade for $7: http://bit.ly/2Wl12vq One of the greatest things about the world we live in today is unlimited access to information. Searching for trading tips? Look no further! Today, Tim Bohen has five secrets to online trading that no one tells you but you absolutely must know. 🔴 Subscribe for more free Stock Trading tips:    / stockstotrade   👉Share this video with a fellow Trader:    • The Truth About Trading: 5 Things You...   ✅ Links we mention and recommend: 🔴Try StocksToTrade for $7: http://bit.ly/2Wl12vq 🔴Get our FREE weekly watchlist here: http://bit.ly/2IVjBOU 🔴Traders Blueprint Free Guide: http://bit.ly/2w56mII 🔴Check out the SteadyTrade podcast: https://steadytrade.com ✅ Recommended video:    • 5 Things You Need to Know Before Your...   ✅ Recommended playlists: 🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ 🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM 🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3 🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry 🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA 🔴Charts and Patterns: http://bit.ly/2uj2KBO ✅ Follow StocksToTrade on social media: Instagram:   / stockstotrade   Facebook:   / stockstotrade   Twitter:   / stockstotrade   Trading in the stock market can mean the opportunity to make money … But you can also lose money — you can blow up your entire account if you’re not careful. That’s the first thing you need to understand. Trading is very risky, especially when it comes to low-priced stocks. There’s a reason they call it risk to reward. You can’t make money if you aren’t willing to risk something. But you gotta watch that ratio … If you’re risking big money just to make a small profit, it won’t work over time. The next thing you need to know is that you WILL struggle. There’s a ton of information to learn and absorb. You could be three, six, nine months or more into your trading journey and still not get it. And that’s OK. Just like any other profession, the key is to stay diligent. Keep grinding and don’t give up. Third, always have a trading plan. Most traders fail — around 90%. If you listen to the SteadyTrade podcast, you’ve probably heard Bohen say, “90% of that 90% fail because they don’t have a plan.” You can’t just enter the market hoping to make money. Unless you have an entry, a stop, and a goal, it’s not a trade. You’re just hoping for the best and your odds are unlikely. Next — and this one is important — trading is NOT a get-rich-quick scheme. If you follow Tim Sykes, you’ll hear him say this every day. Becoming a self-sufficient trader takes time. You gotta learn to take singles or doubles. Your chances of hitting a home run are beyond unlikely. Don’t think that way. Learn to shift your mindset. Last, you need to realize your market education never ends. For some, this can be one of the most exciting things about trading. No matter how much you study charts and patterns ... No matter how much you evolve and refine your process ... there’s always something new. There’s always opportunity for growth. That's what’s great about the stock market. If that doesn’t excite you … If any of these five things don’t fit your mindset, trading might not be for you. #StocksToTrade #StockMarket #TradingTruth ---------------------------------------------------------------------------------------------------------------- *Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.