What is the character of successful trader?
In forex, many opportunities open 24hr daily. I immediately thought about a trader’s need to control their emotions. You’ve addressed that in detail. Discipline, humility, balance, & patience are all a part of emotional self-control. Successful traders understand that trading is a business. To approach it any other way is to invite failure. The discipline required to trade successfully is much like what is required to run a prosperous business.
In forex, many opportunities open 24hr daily. I immediately thought about a trader’s need to control their emotions. You’ve addressed that in detail. Discipline, humility, balance, & patience are all a part of emotional self-control. Successful traders understand that trading is a business. To approach it any other way is to invite failure. The discipline required to trade successfully is much like what is required to run a prosperous busines
Yeah, discipline is one of ways to success in forex. If we discipline with rule that we have made, we will get maximal result. And we have to learn from our experience to make our trading skill be better.
There are certain characteristics that all of the best traders have in common:
1.Aptitude for trading
2.Net daily profit consistently outweighs loss
3.Average wins versus duration consistently longer than average loss duration
4.Proper risk management
5.Trader instincts
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Character of the successful trader is they have already mastering they emotional control. They always in coll minded, and they never break their own rule. That is the master trader.Please share your opinion.....