The key to being a successful trader is Discipline. I was to...

The key to being a successful trader is Discipline. I was told this many times when I was new to trading and I did not fully understand it. I thought I did but I was wrong. It wasn't until I lost thousands of dollars before I realized what I was doing wrong. I had Zero Discipline. I was young and greedy. I wanted MONEY! I did not want it 5% or 10% at a time. I chased the big jumps but I was often too late. So what I'm telling you is the KEY. Find what works for you and Follow these simple rules:

#1 Don't believe the Hype. No one can 100% guarantee you a successful trade.

#2 Slow down, fully understand the basics of trading. It takes work. When you think you mastered it, think again and research more. Sure you might follow someone for some short term success, but will they always be around to help? 

#3 Have a plan before entering a trade. Control your emotions. Have a entry point, a stop point and a profit point in mind before you ever click that buy button. If your not confident in your plan then don't do it. 

#4 Focus on not losing money instead of making money. Cut a lost FAST. Cut it FAST. Keep it small! Learn to keep your losses small and gains will come. Risk to Reward ratio is key. 

I hope this is helps! - Zero