For those of you who might not know

Good evening people. For those of you who might not know... I am actually in the business of trading.

Realized that what is really needed in trading is just to keep in simple.. have an idea that is doable and trade it.

Over the past year, I've learnt alot from my losses, inprove my systems and still incur losses.. then it finally came to the point where i start getting some profit no doubt not decent amount yet... Lucky I didn't get my whole forest burnt in the first few big forest fire of my capital.

At least for now , I know one thing is for sure. As long as we treat trading like a business itself, we would think differently from if we trade as a normal trader/investor.

3 Points that are more important in the life of a trading business..
Money management, Mind management, and Method Management
This 3 points are interlink and will not be able to work well without either one.

Money management meaning things like ...
the ability to portion out my money so that i am able to withstand alot alot of consequtive losses and still get me enough to earn when the market is in my favour. Its also the risk management sector of a trade.

Mind management
a human will seem small when compared to a mountain. But when compared to the ant, a human will be big. Just like how you are able to see money. If we compare a thousand to a cent, it would seems alot. but when compared to a billion dollars, its chicken feet. Mind management also entails the ability to stick to you system that you have .

Last would be a method management
Why would i say that its a management instead of just one method. This is because there are so many different methods in this world that can earn you money, But each have its risk and success. As long as the method entails and incorporates DEEP ( Direction , entry , exit and position sizing ) and it has a statistically stable and profitable percentage, Then stick to it.
This would be the thing that will be your bowl of rice. your gold is also dependent on this.

Even though 1 method is enough, I would suggest having 2 or more methods to play around.
but of course, the few method must have its value and different usage. and not be against each other all the time .

E.g ( 1 Long Term Trade system, 1 swing trade system, 1 intra-day trade system )
Assuming them to be swords, As long as we sharpen them and use them diligently with discipline, we would be on our way to wealth.

Wealth Creation must first start with bigger income and with more money, bigger income again.

Working as a trader is quite boring at times when all the systems are in place. But hey, what are we looking for? There is no complex system to wealth. Just a simple business where there is a systematically sound method of growing and protecting the capital gain.

Keeping it simple, thats the holy grail of everything.