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The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. If you’ve followed my blog for a while you know that I don’t sugar-coat anything, and today’s lesson is going to bring with it an extra-large serving of honesty and insight that will make crystal clear what you need to do to become a successful trader. So, dig deep and put your thinking cap on, and when you’re finished reading leave a comment and let me know if you think you have what it takes to become a successful price action trader. Do you have what it takes to lose like a pro?
Because you ARE going to have losing trades. So if you don’t want to fully accept that fact right now then you better stop wasting your time in the markets. The key to losing properly is to make sure you manage your risk properly on every trade by never risking more money than you are prepared to lose and also by not over-trading. Do you have what it takes to have patience in the face of constant temptation? Do you have what it takes to remain in control of your emotions? Do you have what it takes to be disciplined and organized? Let’s face it, you’ve made attempts to get organized and to be disciplined before, but you quickly got off track or gave up.