The most important skill for succesful traders

Over here also: the Chancellor's "Autumn Statement" ("mini-budget") yesterday completely abandoned his predecessor's stated aim to return to an eventual surplus by the end of the parliament in 2020. (He now has Brexit to pin the blame on for that, having been a "remainer", himself.)

 

This is just my recommendation and that helps me. But someone achieves victory by other strategies.

 

You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

 

The most important "skill" is to be using a trading strategy that actually works. Once you have a good strategy everything else is easy.

 

The most important skill is not to use that strategy but to create it first. Creating it is far more difficult than using it. Using it will probably not require much skills, except from having an average IQ and being able to use it.

 

In Memory of Mark Douglas