For those serious about trading for a living, the following list of traits uncovers traits found in every highly successful trader.
Tag Archives: Rules
The number one way new traders fail is by counting the money that could be made on the trade when they should be focusing on how much they could lose on the trade.
To succeed you must be able to accept the risks and apply money management techniques such as stop loss orders, max daily loss limits, and account draw down rules.
Do you want to become a successful trader?
The following is a list of articles, books and audio clips that I used to kick start my trading, you may find them useful in your own trading.
The main reason people fail at a new venture is a lack of experience. Entering the world of trading, you are up against the best and brightest minds in the world that have years and year of experience on top of you. The #1 tool that can help speed up the learning curve is the implementation and use of a trading journal.