Wednesday, December 26

Successful Traders Secret

Great traders are often thought of as talented anticipators of direction or momentum, or as exceptionally skilled risk managers, which many are. But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions.
Use Your Head!

I definitely think every trader struggles with controlling our emotions from time to time, and it is one hurdle which trips up many would-be traders that never choose to get beyond it. And it is a choice – either you control your emotions, or your emotions control you.

I know traders  who broke keyboards over a Rs 10000  loss, and I’ve seen guys who can literally take a nap when up 6 figures on the day they are so cool, calm and relaxed – just total control. The difference between them wasn’t their account size either – it was in their minds.


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