We like to look at why people fail. Because this is the right channel to learn from others mistakes. Like Jack Ma always say,

“There are thousands of reasons for success, but there are only a few reasons for failure!”

 

So studying the success stories is not going to help you to succeed. What you really need is how to handle problems when you are on the way to success.

Here is one of the reasons why many traders fail. We are not going to talk about strategy and trading methods here. Because the main key to unlocking the door of success is our psychology, emotional control, ego control and confident control.

One of the common situations I see in the financial market for the public is that they are not fixed with one financial instrument. Before they master one financial instrument, they already start to jump into another instrument.

The main reason they jump around is that the previous one does not work, then they hear others talking about other instruments that can make more profit, hence, they jump the ship.

For example, they started in the stock market, then they find they make losses in the stock market and cannot handle the stress of losing money and start to blame the market is very volatile, very hard to trade, no volume and all sorts of reasonings to make them feel better as if the failure is not because of themselves.

Then they start to jump into other instruments such as forex, indices, futures or the current hot topic - cryptocurrency. All just because it has a bigger potential to earn more.

One should not simply jump into any financial instrument just because of the potential profit. Traders or investors must look at how well do you know these financial instruments. Do you know the main participants? Do you know who are the parties affecting the price?

If you never look into this, basically you are no different compare to a rat who jumps into a trap because it only sees the cheese. This makes you unable to master one instrument and give up on trying because your focus is on the profit, not on how to make the profit.

The financial market is never easy. But if you know how, it is a very simple rule - FOLLOW THE BIG BOYS. And before going into understanding the big boys, first thing is to control yourself, your inner greed and your ego.

Once you master this, you are 50% successful. Another 10% is the strategy and 40% is practice. Practice until you trade like a robot, no emotion and expectation in your trade, purely the facts from the market tell you what to do.

Find out more about how we track big boys effectively in our Social Media Channels:

Operator Analysis Insight: https://bit.ly/roundnsurge

Website : www.roundnsurge.com

Facebook: www.facebook.com/roundnsurgeofficial

Youtube: www.youtube.com/c/RoundSurgeoperatoranalysis

Instagram: @roundnsurge

Kelvin's Instagram: @kelvinnny810

Malaysia stock market is a unique market, hence it requires a customized trading approach to tackle & swerve. Many existing traders in Malaysia applies a plug-and-play strategy from the overseas stock market, but it is not necessarily the best strategy to trade in KLSE. This is due to the difference in local and overseas stock market regulation and the size of market participants of institutional funds & retail investors.

“True traders react to the market.” is the backbone of our trading method. Our findings and strategies are developed through years of trading experience and observance of the operating style in Malaysia stock market.

Trading Account Opening

They are offering IntraDay trade brokerage rate at 0.05% or RM8 whichever is higher for day trading stocks RM 50,000 & above transacted volume (buy sell the same stocks in the same day). Buy & hold at 0.08%or RM8 whichever is higher.

Open a cash account now at the link below : 

https://registration.mplusonline.com/?ref-id=R311

As Kelvin’s trading client, you will be exclusively invited to join Kelvin’s weekly webinar and telegram group. Click here to join. 

For more inquiry contact him by email: kelvinyap.remisier@gmail.com or 019-5567829 

If we have missed out on any important information, feel free to let us know and feel free to share this information out but it will be much appreciated if you can put us as the reference for our effort and respect, thank you in advance!

This blog is for sharing our point of view about the market movement and stocks only. The opinions and information herein are based on available data believed to be reliable and shall not be construed as an offer, invitation or solicitation to buy or sell any securities. Round & Surge and/or its associated persons do not warrant, represent, and/or guarantee the accuracy of any opinions and information herein in any manner whatsoever. No reliance upon any parts thereof by anyone shall give rise to any claim whatsoever against Round & Surge. It is not advice or recommendation to buy or sell any financial instrument. Viewers and readers are responsible for your own trading decision. The author of this blog is not liable for any losses incurred from any investment or trading.