The two B’s in Trading (Equities, Derivatives)

I’m not too sure whether I got this from a book or I thought of it myself. Anyhow, in trading, I believe that you need to possess the two B’s. What are they? Well, they are:

1. You need to be BOLD

Being bold is indeed very important in trading. You need to be able to make out what’s happening with the market, be if you’re a believer in fundamental analysis or technical analysis. Often also, you need to make split second decisions.

2. You need to have BALLS

Being gutsy is also very important. Without this quality, you’ll freeze in front of the monitor, I promise you that. Plus, you need a lot of bravery to see your trading money whipsawing every other day.

So, if you’re a trader out there, do you possess these two qualities? As for me, I still need to do a heaps of work in expanding my BOLDNESS and enlarging my BALLS, so to speak πŸ˜‰

————————————–

Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.

Go to HOME
Go to SITE MAP
Go to DISCLAIMER

About nadlique

This blog is about the journey of a 28-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old. However, his journey towards financial freedom had begun way before that. Materials such as investing, business, entrepreneurship, equities, and real estate are presented. The author also posts his thoughts and observations on life in general.

Comments

  1. i got that two qualities, i been experience it.

    example:

    when im in form6, we got our MUET(university english) result, i got band4 out of band 6. we got option to re-take it or accept our result and prepare for finale STPM result.
    theacher say:”whoever want retake it , remain in your place. who want accept it please move to behind of the class”. while my friends thinking and scrething thier head. Im the first one, take my book and move, tell to my friends , im satisfied with my result. after few minutes, half of the class with me.

    there are many more, this is most simple and easy i can explain.

    nice short article ….

  2. Good to hear that you’ve got boldness and also guts. Very important in the real world, I’d say.

  3. Nice website of yours! I have a similar blog on financial management and investment. Probably we should exchange links!

  4. Sure thing Charles. Contact me if I haven’t put up your link in a few days time yeah?

Speak Your Mind

*

Return to top of page

Copyright © 2018 · Faliq Fauzi · Log in