Trade from your home, and make a good living out of it

Photo by Kanchanara on Unsplash

Is it possible to make a living trading from home?

Several years ago, I was intrigued by this very question. After buying and devouring several dozen of books, I realized two things:

a) There is an entire industry selling this dream, there are books, seminars, videos, courses, software, etcetera… but…

b) Yes, it is doable. There are successful traders all over the world, some of them are very well known, (think George Soros) and many others are not. But they certainly exist.

I started trading and I made a lot of mistakes. I lost money, regained it, lost it again, until one day I just stopped cold.

I couldn’t find the reason why I couldn’t be successful. I had the books, the courses, the software… but something was missing. So I took a step back and looked at what the truly successful traders had in common.

It was then that I realized that there are three things that you need in order to be a successful trader:

1) A plan

2) A system

3) Self-control

Without these three things, you will undoubtedly lose money trading. But with them, you give yourself a chance to be successful.