Successful trader's personality

Discussion in 'Psychology' started by Trading Education Buyer, Nov 21, 2016.

  1. volente_00

    volente_00

    I seen a few surveys that had a strong correlation indicating this but I don't have the links to them at the moment. Also from traders that I know, the majority of the profitable ones have been.
     
    #31     Jan 18, 2017
  2. volente_00

    volente_00

    Amen brother
     
    #32     Jan 18, 2017
  3. Protection and avoidance! Traders can help to protect themselves from slippage by avoiding market orders when not necessary. This makes a trade successful.
     
    #33     Jan 18, 2017
  4. If never making new transaction then will safe and never facing with risk, but also never made money because no any hope due no order
     
    #34     Jan 18, 2017
  5. jnbadger

    jnbadger

    #35     Jan 18, 2017
  6. volente_00

    volente_00

  7. Handle123

    Handle123

    Trading is like being the coyote, you have to keep trying and years go by, at some point you become the road runner, and all you see are coyotes. There are all kinds of personalities, but bottom line, when it comes down for game time, you are focused and in the groove, you don't think of the money, you think of trading well, in percentages and risk.



     
    #37     Jan 22, 2017
  8. It is not ideal to trade just to make a trade, even fx veteran traders can identify with this temptation. It takes tremendous discipline to stay away from frivolous trades due to boredom.
     
    #38     Jan 23, 2017
  9. When on boredom, will to do something also felt lazy, in addition to trade, if facing loss hence will felt disappointed, and maybe if on bad mood hence better stay away from the market and let refresh minds
     
    #39     Jan 23, 2017
  10. Determined. Smart. NOT a risk taker. Thise are the key things that you need.
     
    #40     Jan 23, 2017