Build It Like a Business, Succeed Like an Entrepreneur

Trading Is Like a Business, Treat It Like One Staying calm and rational while trading

the stock market depends largely on maintaining realistic expectations. Trading is essentially

like running a business. When you open a trading account, you are, in effect,

starting a new venture. Like any business, it requires a solid plan, sufficient capital,

patience, and time to grow. You will face losses and gains, need proper knowledge

and skill, and must manage accounting, auditing, compliance,

and risk. Every principle that applies to a conventional business applies equally

well to trading. Yet, every business has its own characteristics, along with distinct