This is yet another great insight from Mr Marricke, urging you on to spot great business ideas within the same problems around you and making it work. Do enjoy.
Hardwork, even though a virtue, is NOT a competitive advantage anymore – expansive thinking, problem solving and spotting future opportunities before they become known to the masses – that’s the new competitive advantage. In fact, it has always been.
Every day-to-day problem around us is an opportunity to succeed whether as individuals, businesses or government – take one problem that everybody else may be experiencing, solve it – and you will become very successful – both in influence and in wealth.
That’s why Africa probably has the most opportunities for success – because we have so many problems, each of which equally represents so many opportunities.
Find an area you are most passionate about, look there for a problem that irritates you the most, set some time apart daily, dwell on it, think hard on it, evolve a solution for it, test it, refine it further, perfect it, make it available in a form accessible by many – and see how fulfilled you will be – spiritually, physically and materially.
You see, we are created in the image of God –
GOD IS ALWAYS CREATING.
If you are NOT creating, you can never be fulfilled – whether as an individual, business or country!
Go forth, CREATE something….FORCE your mind to do what it was created to do – to bring into existence, what never was! That is how we can and collectively become gods in the earth – CREATE!!!
Author: Marricke Kofi Gane, a Ghanaian Certified Chartered Accountant, Entrepreneur and an International Development specialist. He is also a published author and a technology and economics enthusiast. A well renowned public speaker, he is well noted for deep insights into future business trends and challenging the status quo of Africa’s politics.
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How to Gain Self-confidence as a Professional Trader
Confidence is one of the key ingredients which will allow you to trade the market like a pro trader. If you wish to build your career in the investment world, we strongly recommend that you learn to take the trades with strong confidence. It might take a while to get used to the overall concept of trading but once you become good at analyzing the market data, you can build your confidence level. But developing your skill in the retail trading industry is not that easy. You have to follow some specific rules and only then you can expect to become a full-time trader.
In this article, we are going to give you some advanced tips which will allow you to trade the market with a high level of precision. Once you become good at following the tips mentioned in this article, you will never struggle in the ETF trading industry.
Forget about the past trades
The novice traders get biased with the losing trades. They keep on monitoring the market and repent of their mistakes. On the contrary, the professional traders take smart steps and without any repentance, they look for the next trade signals. If you wish to develop yourself as a professional trader, we strongly recommend that you forget about your past trades. You can’t undo your past. Instead, look for the next trade signals strategically and try to find the solutions to this market.
Trade with long term goals
You must take the trades in the market with long-term goals. Without setting up long-term goals in the investment business, it is very hard to stay tuned with the market changes. View the website of Saxo and learn about the importance of having strong determination in the trading business. Unless you are determined with your actions, you will keep on losing money most of the time. So, follow a conservative way and systematically take the trades. Once you become good at evaluating the key direction of the market, you can easily change your life.
Analyze the high impact news
Learning about fundamental analysis will improve your decision-making skills to a great extent. Very few traders in the retail trading industry have the skills to evaluate the fundamental data in the market. If you want to survive in the retail market, you must learn to take your trades systematically. Forget the fact that you are know everything about this market. See how the news data changes the course of the trend. As you become skilled in analyzing high-impact news, you will slowly learn to take the trades with strong confidence. This will also make you a better trader and let you systematically trade this market.
Create a trading routine
To build strong confidence in the trading profession, you should trade the market with a balanced trading routine. Unless you take your trades with a proper trading routine, it will be really hard to bring any positive change to your trading system. As a trader, you might be thinking that you know every bit of detail. But this is not all true. In your trading routine, you must define all the basic rules. If you don’t trade the market with predefined rules, it will be a big challenge to make bring changes to your trading system. Follow the basic rules and trade the market with long-term goals.
Trade with low risk
You should always trade the market with low risk. Once you start taking the trades with managed risk, it will become an easy task to develop self-confidence. The majority of novice traders don’t have the strong skills to deal with the complex market. Usually, they aggressively take the trades and they lose a significant portion of the trading capital. So, trade with only 2% risk in the trades and it will help you to build strong confidence at trading.
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