View Single Post
  #6 (permalink)  
Old 06-12-2008, 04:30 AM
sweetpip sweetpip is offline
Freshman
 
Join Date: Jun 2008
Posts: 13
Thanks: 0
Thanked 1 Time in 1 Post
sweetpip is on a distinguished road
Default

Quote:
Originally Posted by FXOperator View Post
Acquiring the trader’s mindset takes patience, time and experience. Here is a brief list of traits you should developed:
  • Sense of calm when trading
  • Ability to focus on the present reality and not how you would like it to be
  • Disregarding which way the market breaks or moves
  • The feeling that money is not the point of focus
  • Always looking to improve skills and strategies
  • Open-minded, keeping opinions to a minimum
  • Absence of anger
  • Enjoyment of the process
  • Trading one chosen approach or system consistently
  • Telling oneself that you cannot control the market but you can control your own decisions
  • No feeling of being victimized by the markets
  • Taking full responsibility for all trading results and willing to learn from mistakes.
  • Do not rush into trades if you are not confident; reminding oneself that there is always next day to trade
I agree with the above statement you just said..

But i just want to add something that is for me a very important thing of every trader to consider..

Be discipline!

All the things would be useless if you don't have the discipline to follow even a simple rules..
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast