This material is necessary for you to get started in trading and gain the necessary psychological traits.

Today we will consider exactly the psychology of the beginning of your work.

https://pixabay.com/images/id-6693060/

Let’s analyze what psychological and disciplinary components of building a career in trading and success in trading are. We will tell you how traders who managed to gain a foothold in the trading began their careers, and what common psychological traits all traders who successfully work in the trading and earn money in this area have in common. 

Components of the psychology of success in trading:

• motivation (goals);
• discipline (visiting, trading, risk management);
• enthusiasm (realization).

However, you need not only specific character traits but also forex brokers with cent accounts to get started.

Career

All examples and tips that will be in this article are taken from our personal experience as a trading company, through which thousands of traders have passed. Together with traders, we experienced ups and downs, supported them in difficult periods, and shared the joy of great victories. You will go through these psychological stages, those of you who stay and survive in trading.

What is real trading, you will begin to consciously understand only after 6-12 months of trading for real money. Then you will understand how multifaceted this area is and how difficult it is on the one hand, and on the other hand, it opens up real prospects for you, you will see things that you have not seen before if you just looked at trading from the outside.

Trading is like an iceberg, there is a tip visible to everyone. And if you dive underwater, you will see the base of the iceberg as it is, all the components that a trader goes through and experiences when he starts working.

Where Does Trading Start?

Correct trading is based on the correct attitude towards the work itself.

If you have the right attitude to work, to what you do, with all responsibility and enthusiasm, then this is a powerful foundation, on top of which psychology and discipline in trading are already being built, then work techniques, algorithms, and so on.

Success in trading is built like a house. You first pour the foundation, build walls on it, and build a roof on the walls. One goes strictly after the other. Each subsequent level builds on the previous one. If the walls are rotten, then the roof will collapse, if the foundation is bad, or there is none, and the walls are just on the ground, they will sit down. Using the example of a house, this is quite clear to a person, but at work, many tend to forget about it. 

Discipline as a Foundation in Trading

Building a “house of your success” begins with the foundation. The basis of successful work in trading is, first, discipline, the discipline of the work itself, office visits, discipline about the company, and discipline to oneself. There is work “for the show”, and there is work “on conscience”. All those who worked conscientiously, each of them succeeded. 100% of the guys who worked hard, sooner or later started making money and growing in their careers.

Therefore, the flexibility of thinking based on the correct discipline of work and constant involvement in trading gives the main results in terms of the professional growth of a trader.