I posted this article here by Dr. Pipslow from babypips because it’s worth bookmarking it. It’s the first time I’ve come across useful tips for treating trading as a business.
The tips you proposed in your article can be of great use especially for the newcomers to trading. It is of vital importance to treat trading like a business but not like a game. I especially liked the tip about a business plan. That is so true. I mean that you need to settle your goals before doing some new activity so tht it will have some pragmatic purpose for you. Anyway, I learned something new from your article and I believe that it is significant.
Great article.
Thanks for sharing.
It’s something worth rereading periodically.
This is the business, I can’t even imagine how people can conceive of it any other way.
Forex trading is so serious business, so there is no way to take this money making opportunity as casually, since more than 90% traders are losers here!
This is a great article! Thanks for sharing with us.
Yes, trading is a business because it offers both profits and losses. So, treat trading as a business.
Definitely, Forex is a good business where you need capital to start with. It will offer you both profit and loss at times.
There are many traders around the world who are ready to quit Forex due to consistent losses. I would suggest them not to do so.