Tag Archives: characteristics of a trader

How to become a professional day trader?

By | June 1, 2013

Day trading is not an easiest job to do,There have been studies to prove that only 10% day traders actually make money. 7% of those day traders are breaking even and 3% are the traders that are actually making money.  Let me share my experience what qualities a trader require to be a professional day… Read More »

Want to be Successful Trader ?

By | May 14, 2013

By Robert Prechter, Jr. President and Founder of Elliott Wave International When I first began trading, I did what many others who start out in the markets do: I developed a list of trading rules. I created the list piecemeal, with each new rule added, usually, following the conclusion of an unsuccessful trade. I continually… Read More »

Great Trader Characteristics

By | May 7, 2013

Great traders that we have had the pleasure to know and to be around, on exchange floors and on trade desks, had certain repeatable traits that all level traders can learn, or take something from; Having Confidence on themselves and Discipline on their trading system Faith in their own ability. Humility, and a willingness to… Read More »