TRAITS OF SUCCESSFUL TRADERS
TRAIT 1: SUCCESSFUL TRADERS CUT LOSSES, LET PROFIT RUN.
---------->when trading, follow a simple rule: seek a bigger reward than the loss you risk.
TRAIT 2: SUCCESSFUL TRADERS USE LEVERAGE EFFECTIVELY.
---------->to calculate leverage, divide your trade size by your account equity. i use min leverage between 2%-10% only.
TRAIT 3: SUCCESSFUL TRADERS TRADE THE RIGHT TIME OF DAY
--------->i am a full time day trader since 2012. i trade in various time of the day/trade sessions (asia, emea, and usa). the right time to trade for me is when i am relaxed, focused, and happy. it's a mind game really.
I USED TO WORK FOR ETRADE AS A LICENSED STOCKBROKER. THEN I SHIFTED AS DAY TRADER AND BECAME MY OWN BOSS. THIS IS INDEED THE BEST DECISION I EVER MADE IN MY CAREER. I AM VERY GRATEFUL TO ETRADE WHERE I STARTED MY TRADING CAREER AND TO ALL OF MY MENTORS ALONG THE WAY. FINANCIAL FREEDOM IS POSSIBLE WITH FINANCIAL EDUCATION.
FEEDBACK/SUGGESTIONS, COMMENT DOWN BELOW.
source: TRAITS OF SUCCESSFUL TRADERS 2.0 FXCM
TRAIT 1: SUCCESSFUL TRADERS CUT LOSSES, LET PROFIT RUN.
---------->when trading, follow a simple rule: seek a bigger reward than the loss you risk.
TRAIT 2: SUCCESSFUL TRADERS USE LEVERAGE EFFECTIVELY.
---------->to calculate leverage, divide your trade size by your account equity. i use min leverage between 2%-10% only.
TRAIT 3: SUCCESSFUL TRADERS TRADE THE RIGHT TIME OF DAY
--------->i am a full time day trader since 2012. i trade in various time of the day/trade sessions (asia, emea, and usa). the right time to trade for me is when i am relaxed, focused, and happy. it's a mind game really.
I USED TO WORK FOR ETRADE AS A LICENSED STOCKBROKER. THEN I SHIFTED AS DAY TRADER AND BECAME MY OWN BOSS. THIS IS INDEED THE BEST DECISION I EVER MADE IN MY CAREER. I AM VERY GRATEFUL TO ETRADE WHERE I STARTED MY TRADING CAREER AND TO ALL OF MY MENTORS ALONG THE WAY. FINANCIAL FREEDOM IS POSSIBLE WITH FINANCIAL EDUCATION.
FEEDBACK/SUGGESTIONS, COMMENT DOWN BELOW.
source: TRAITS OF SUCCESSFUL TRADERS 2.0 FXCM
Comment:
hope you guys had a profitable trading from the downside when the Ukraine invasion started and the pullback the next day! happy weekend to all! :)