The trader's desk
Traders's Desk In today's uncertain times, we are all trying to build a secondary income. Many refer to it as a side hustle, but for most, it is what they want to transition to eventually. For me, Its trading. Stocks, Options. Few professions have a failure rate as high as trading. Success is elusive because trading demands a mindset that is very different from most other professions. Trading skills Understanding how the stock market operates is essential. You need to understand trends, volatility, market structure, and those frustrating periods when the market simply moves sideways. An aspiring trader can learn to read charts, identify patterns, draw trendlines, and analyse support and resistance. These are important technical skills. But technical knowledge alone isn't enough. Even a perfectly analysed trade can fail. A formula 1 driver is likely to do better than a trader. Mindset Having the right mindset for trading is very important. I place it on top of the list. R...