Fact: Why You Should Focus on The Process First And Not the Profits As a Trader.

in Steem Alliance16 days ago
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In life, once you have chosen not to follow the process but the quick way of making profits, you will get tired at some point and fade up as you will not be equipped with the basic knowledge that will help you to stand strong and even teach others the way of success. It is said that there are no shortcuts to even, meaning you have to follow the due process to get there.

Trying to bypass what you would have done and gain knowledge can only give you short-term happiness, but following the process to achieve success will forever make you feel happy. A lot of traders, Steemians, investors, etc couldn't continue their journey in the crypto space, because they failed to focus or follow the process. Rather they focus on the profits alone forgetting that knowledge is a very powerful tool that makes someone so special.

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It is the skillful hand and vision of a painter that creates a world of beautiful art and not by brushing alone, as a painting can't become beautiful with just a brush. As a trader, a Steemian who wants to excel on the Steemit platform, you can learn how to write quality posts, learn, study the platform, engage, and do the right thing rather than focusing on the profits as a newbie.

In the aspect of trading which this post wishes to focus on, as a trader or an investor, it is when you read (study) the market, execute the right strategy for any situation that you may face, and consistently apply risk management that will help you to make more profits than losses in the future.

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It is the dedicated efforts that you put towards education and the application of what you learn through focusing on the process together with the constant review or practice of your performance that can lead you to the right path of becoming successful. Remember there is no successful man or woman with a story to tell. The more you practice the more you learn as it is said practice makes one perfect.

If you are a beginner trader, you should spend your time learning and understanding the market using a demo account. Learn the techniques in crypto trading, how to manage risk, set your position size, and stop losses which will help you to limit your risk and maximize your rewards and high profitability system you can achieve such knowledge by using a demo account to practice.

As you keep focusing on the process, it will lead you to a crypto trading method or strategy that would work best for you and make you a winning trader over time.

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Curated by : @mvchacin

 16 days ago 
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Note:- Please give a more detailed explanation to your post.

Regards,
@jueco

Its always the best when you don't chase the money, learn first then you earn afterwards...

 15 days ago 

Chasing the money will make you not to learn and know what you are supposed to know. Thanks for stopping by.

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