10 qualities of a successful stock market trader
posted December 13, 2007 - 12:58amMany people take to trading in the mistaken belief that it is the simplest way of making money. Far from it is the easiest way of losing money.. A successful trader has a trading plan and does his homework diligently. There are no signals that are always 100 per cent correct, so stop looking for them. Focus, instead, on percentage trades, trying to catch large moves and keeping your methodology simple. What needs constant improving are discipline and your trading psychology. At end of the day, money is not made by how complicated-looking your analysis is but whether it gets you in the right trade at the right time.
Website: http://www.rediff.com/money/2007/dec/12perfin.htm
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