Wednesday, September 30

Secrets of Profitable Traders Part-1

Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities.
Today lets discuss the Qualities of Top trader.
1. Discipline
Without discipline, none of the other qualities matter. It is possible for any trader to invest some money in a  account, enter their very first trade and make a high profit and repeat the process and make profits for a short duration of time.The story of most of retail trader, but what differentiate professional from retail trade is:
However, it is only a disciplined trader who will be able to consistently make profits over a long period of time.A trader who lacks discipline will most likely wipe out his/her  trading account in a very short time period.
2. Perseverance

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