painofhell
 Posts : 669
Birthday : 1990-05-18
Join date : 2014-08-16
Age : 33
Job/hobbies : forex
 |  Subject: How To Become A Successful Trader?  Fri Aug 29, 2014 8:01 am | |
| How To Become A Successful Trader?In order to become successful in trading, you need education/knowledge, discipline and money management skills. According to the interview by Jack Schwager, in his book Market Wizards, he summarizes the 9 common denominators shared by the successful traders that he interviewed. They are:
- The desired to be successful
- The confidence they would win in the long run
- Discipline to follow a given methodology
- Taking trading seriously
- Rigid risk control
- Patience to wait for opportunities
- Acting independence of the crowd
- Accepting losing is part of the game
- Loving what they are doing
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