So a lot of people have the picture that being a profitable trader requires you to spend 23 hours on the charts everyday, not sleeping just trying to make money and a lot of other misconceptions towards this.
but in fact traders are not chart machines, they might be a bit hyped up but they are normal people who stick to a simple routine.
So in this article I’ve decided to share the real side of what routines traders who are successful and profitable stick to. I’ve met hundreds of traders who’ve made millions from the financial markets and they’re very simplistic people and to be honest so am I, I like to sleep good, eat good and work out.
1. They stick to a routine.
Without a doubt successful traders stick to the same daily routine as they always have. That could involve waking up everyday at 7am – doing a routine workout for 1 hour and then checking the charts at 8am or 9am – and going to the gym at a specific time.
My point is, traders are very disciplined and they don’t like doing stuff differently from what works and benefits them, for example you’ll find that a lot of successful traders stick to the same trading routine everyday, scouting the charts for potential high probability trades and choosing 4-5 pairs to trade from, or never chasing the market as that’s not part of their routine.
2. They spend a lot of time with family and friends.
Successful traders aren’t chart freaks, they’ve got a life and one of all they love to hang out with their friends and family, and that’s because they’ve got plenty of free time and money to spend during that free time. That’s because their job doesn’t involve them to take a 9-5 everyday, get under paid, but in fact to be a successful trader I’d say you constantly need to be making over 10% return monthly, which is a massive ROI if you think about it.
3. Travelling
You’ll find that traders love to travel around the world and experience new stuff, that’s because they need to relieve themselves from the simple routine sometimes, and that requires them to do something different, and if you’re someone who travels a lot you’ll see that whenever you’re in a different country you’re always doing stuff different or trying different stuff.
I personally love to travel, I’d visit about 2-3 countries every month over the weekends, and every summer I make sure I visit an exotic country like Thailand or Mexico.
This is something you’ll experience too once you journey to become a successful trader, and if you don’t know how to become a pro then check the KispaFX Trading course and start making changes.
4. They don’t use fancy screens
A lot of us picture that professional and successful trader bombard their desk with computer screens, this is in fact false – we keep it very simple not only with our trading but with how we run our lives.
You’ll find that a successful trader won’t have no more than 2 monitors, if not just one. When I trade I only have a laptop and 1 computer screen in front of me, as I don’t like feeling overwhelmed and I prefer a non-messy setup that looks simple and acts simple.
5. They are generous.
You’ll find that many traders are in fact very generous people, who always like to give stuff away – a lot of people have misconceptions that traders like to party, take drugs and all those shinnanigans because of what movie portray them as such as the movies ‘Wolf of wall street’ or ‘Boiler Room’ – but those guys who are working at hedge funds are not traders, they’re sales men who earn commission upon closing a deal. Traders, trade and watch the markets and make economic analysis.
Traders are generous because they’ve conquered their emotions and psychology, they know money is just an asset and it doesn’t determine the value of your life, as well they’ve learnt to not act greedy.
