Trading is a mental game

As a trader, you don’t have to be super smart, many Doctor Engineer and Scientist who were best in their field have failed in trading miserably and few of my students who have not even graduated have done wonders :). Whats the difference

The Successful traders can control their emotions and are mentally very very  strong. They know how to react and come out of   Uncomfortable situations and do not blame others for their losses.

Although having a tested and sophisticated trading system is very important, the difference between an amateur and a professional trader lies somewhere differently.The reasons for unnecessary and avoidable losses of amateur traders can often be attributed to the following 5 points:

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