Source: Profitable Trader
I began trading 14 years ago in 2008. I began trading with commodities. I was neither successful nor a failure. I used to earn profits and lose them subsequently. This went on for three years upto 2011. Then I switched over to equity and futures. Again I could not make consistent profits. It was then that I came across Options. This time I decided not to plunge imediately to trade in options. Instead I meticulously went about learning options, created my own strategies and tested them and then I started doing forward trades – Paper trades. Simultaneously I began to read a lot about how to be a consistently profitable trader. This helped me a lot in controlling my emotions, greed and fear. After that there has been no turning back. I now consistently make profits. This does not mean that I have no losing trades. I have losing trades too and sometimes it is frequent. But now I control my emotions and never deviate from my trading plan. I trade like a computer. I never look at the profits or losses but just see that I follow the trading plan and never deviate from it.