fbpx
Connect with us

Entrepreneurship

Timothy Luong Shares Tips To Improving Your Trading Skills

Tim Luong, Stock Navigators, online trading, digital marketing,

You’re probably aware that there aren’t many successful day traders. Most new traders quit within their first year. The fail rate of becoming a new trader is extremely high, which is why many individuals are concerned about trading. The truth is, the best day traders never give up. Most give up after losing a certain amount of money, while potential winners persist and pivot during the hard times and adapt to their mistakes. 

 

We spoke with Timothy Luong, the founder of Stock Navigators, a leading trading education firm, to learn about the fundamental qualities any new trader should have if they decided to start trading. 

 

Start Acting Now

 

“There is no better moment to start learning than right now”, says Timothy. There’s always a new opportunity in the market, and learning how to trade can potentially change your life.

 

What makes a successful person stand out from the rest? Ability to quickly move from thought to action, while learning from your mistakes. This means that you need to have a clear goal and game plan, and when things don’t go according to plan, adjust and figure out what went wrong, and continue to push on.

 

Education is only half of the battle. It’s how you use what you learn that ultimately determines your success. You need to bring ideas to life, translating information into reality. Most people don’t end up applying what they learn – how often do you find yourself reading a book, but by the end of it, know exactly what to apply?

 

Look To Learn

 

Whether you want to become a successful trader or are just in it for the money, you must first learn the foundations of trading. The constant desire of new knowledge is what distinguishes success in any business, and trading is no exception.

 

“It is vital to be constantly learning and educating oneself in the stock and financial markets. It’s a skill that not many people have, and starting as early as you can only means being closer to achieving your financial freedom”, says Timothy Luong. It’s never too late to learn, it’s only too late if you don’t try.

 

Respect Your Failures

 

If you’re like most people, you probably don’t like to fail. You see failure as proof that your plan wasn’t successful or that your ideas weren’t good enough. But the truth is, failure happens to everyone. One of the things that sets successful people apart is the understanding of mistakes. To be successful, you must learn from mistakes and missteps along the way, never giving in to failure.

 

Timothy understands how to turn discouraging life circumstances to his advantage. Having faced various hardships and business failures, he succeeded at making those serve as powerful lessons for the opportunity that followed. This is how Timothy was finally able to find success with Stock Navigators. With all the knowledge he gained from his past failures, Timothy Luong has been able to turn the firm into a multi-million dollar success.

 

Timothy Luong has set his purpose to share his expertise with the rest of the world, empowering people to take control of their financial destinies. Whether you wish to embark on a lucrative career in trading or are merely looking to learn from experts in the sphere, Stock Navigators is the answer for your trading education needs.

Giuliano Gonzalez is the founder and CEO of CloutPlug. He moved from his hometown in Chile to Australia with his family where he started living his soon-to-be career-shaping years.

Advertisement defi

Join Disrupt Magazine

defi
Become A Disrupt Contributor

Most Disruptive

tezos and NFT tezos and NFT
NFT3 weeks ago

Beginners guide to NFTs: What are non-fungible tokens?

You have probably heard the word NFT hundreds of times so far. At first glance, you thought it only had...

Sports + Gaming2 months ago

What Motorcycles Are Good For Long Trips?

Motorcycles are all about freedom. But the question is: how often do we really go out there and enjoy the...

Executive Voice2 months ago

3 Ways Maternal Instincts Give Women In Leadership An Advantage

As the landscape of gender roles continues to be redefined, these 3 experts agree that their maternal instincts provide an...

Executive Voice3 months ago

The Queen of Title: How Powerplayer Rachel Luna is Disrupting the Title Industry Through a Modern Approach

Rachel Luna has made quite the name for herself within Texas’s title real estate business as the Title Queen and...

Executive Voice3 months ago

Nancy Almodovar: The Latina CEO Who is Disrupting the Status Quo of the Luxury Real Estate Market

It comes as no surprise that Nancy Almodovar, the CEO and founder of Nan and Company Properties, is one of...

Business3 months ago

How To Nurture Talent Within Your Business

Your business can only succeed with talented workers on the payroll. Luck and even strong economic conditions will only get...

NFT3 months ago

Solana’s value plummets below $98 due to a Wormhole Exploit

Many people thought blockchain technology was robust, secure, and virtually “unhackable.” However, the crypto world has faced several hacking incidents...

NFT4 months ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

gold and black round emblem gold and black round emblem
Cryptocurrency5 months ago

Bitcoin’s Volatility Explained

Since cryptocurrency was introduced in 2009, it has become a very controversial subject for both critics and supporters. One of...

News5 months ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...

Trending

Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.