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3 Simple Steps to Start Making a Fortune Trading the Markets

Posted On April 12, 2018 12:11 pm
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Options Trading Step 2: Never Stop Learning While You Earn

It’s possible to parlay a basic set of trading skills and knowledge into a winning streak. Just ask anyone who made money in the middle of a roaring bull market. However, it’s not so easy when the market is not trending smoothly to lofty heights, as it did throughout 2017.

If you really want to make market-beating profits, you need a plan. And it boils down to taking it step by step and putting one foot in front of the other. The consistent gains you seek are only possible with continuing improvement of your skills and knowledge.

Make learning a priority. Create a strict set of rules (rules-based trading) that allows you to take the emotion out trading (which prevents you from making the types of mistakes the people who lose all of their money to the markets make).

Focus on making a living and being the best trader you can be. You don’t have to swing for the fences every day. Instead, try to build on small successes consistently. If you are disciplined and do it passionately time after time, you will turn around one day to see that you’ve really made it big.

Options Trading Step 3: Share Your Success

Gentile says it is his personal mission to follow in Arthur Blank’s footsteps when it comes to giving back. It can be with money. It can also be with time. You should spend some time doing good in your community and share your knowledge with others so that they can also reach their dreams.

It should be a lifelong commitment, but think about how satisfying it would be if one day someone looks up to you as their mentor, crediting you with some of their success.

*This has been a guest post by Money Morning*

Related: Here’s How You Should Handle Earnings Reports

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