Quote:
Originally Posted by FXOperator
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
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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..