If you had to name one quality to succeed in trading, what would it be?

personally, if it was one thing: persistence

 

If I had to limit myself to just one quality, then I would choose persistent dumb luck.

 

In public?

 

axeman,

yep. the only thing good money mgmt does is make you bleed SLOWER than usual if you have no edge! You gotta have an edge!

 

Yup... and the bleed is called commission+slippage.
Which you will pay on every non-edge trade you take until
your account is GONE.

peace

axeman

 

Discipline

 

A healthy dose of skepticism.

 

patience

 

I'm not touting this site, but the article focuses on the topic of this thread:

http://www.futurespartners.com/articles/traders/abell.html

 

Exactly. The easiest way to make a small fortune trading is to start with a big fortune.