A Good Trader is a trader who works hard the same between the Hours Close Market with Market Opening Hours. Trader market that always knows how will he on now and how the action.
He always patiently wait when the market will give Opportunity to get in and quickly out swiftly when he's wrong.
He's always been able to control his emotions, always focused, and not get caught up in thin-trade or overtrade.
What it takes to be a Successful Trader?Sufficient capital ..... here is necessary for us to freedom in movement and strategy formulation. When I advised inadequate capital into Mutual Fund Shares.
Doing Trading like a business .... Here the required seriousness not to sideline ... (Based
on comparison with my friends who are still working between my
friend's office with a 2-year Trading For Living is a greater return
them). Do it just as running a business, no planning, no control resiko, and others.
Having a low tolerance for risk .... (Here
we aim to protect capital) in trading hence no strict cut loss, because
it cut loss in trading it for granted, even called the insurance so the
trader must have a low tolerance for risk by applying risk that can
accept a minimum. I myself use the rule of 2%.Enter the market only when the market gives opportunity, do not be hasty ... always calculate the reward / risk more than 2.
Do not enter the market due to a whisper, as appetites, especially because the broker told us to buy the cute he ... he ...
Always able to control your emotions .... especially if you see running trade wuihhh .... adrenaline moving quickly ... make emotions go up and down .... Try trading it like a cold-blooded killer .... kill without emotion
Having a Trading Plan ... and just run our trading plan. Market entry is strictly prohibited without a trading plan based on ... This Trading disposable money you know ... not guessing multiple choice exam wearing buttons ....
Having adequate risk management ... Trading with the use of good Money management.The
last and most important thing is to have a trading methodology that has
been tested with paper trading and in accordance with the personal
success of each of us.
Note:Many of us who have not been able to fulfill the above points ... but
was eager to become a trader, even colleagues who I know have jumped a
trader but have not learned how to be a good trader and even realtime
market info only not have. Trust me .. If we can not like the points above we can
The Characteristics of A Good Trader
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Tank's for your's attention, i will reply soon. thank's