What kind of thinking/ideas should one have to earn good amount of profits from trading?

<p>To earn a good amount of profits from trading, it is important to have a disciplined mindset, prioritize risk management, continuously learn and adapt, set realistic expectations, exercise patience and persistence, remain flexible and adaptable, control emotions, and maintain a long-term perspective.</p>

<p>Successful trading requires a multifaceted approach, blending strategic thinking with disciplined execution. Traders should meticulously develop and adhere to a well-defined trading strategy, incorporating thorough research and analysis. This strategy should encompass criteria for entry and exit, risk management protocols, and methods for adapting to market dynamics. Embracing emotional control is paramount; traders must resist the allure of impulsive decisions driven by fear or greed. Instead, they should maintain objectivity and consistency in executing their plan, even amid market volatility. Continuous learning is indispensable, with traders staying abreast of market trends, news, and evolving strategies. Patience and persistence are virtues, as trading success often unfolds over the long term, requiring resilience in the face of setbacks. Moreover, traders must allocate capital judiciously, manage risk effectively, and keep meticulous records to evaluate and refine their performance continually. Engaging with a supportive community of fellow traders can provide invaluable insights and feedback. Ultimately, by integrating these principles into their trading approach, individuals can enhance their prospects of achieving profitable outcomes.</p>