Tag Archives: psychological traits

Psychological Traits of the Profitable Trader

By | April 29, 2013

Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers have shared through interviews and books that may help traders who are making mental mistakes in their trading. Psychological Traits of the Forex/Commodity /Stocks Trader, All have the below points in common. Try… Read More »

Habits of Rich and Successful traders

By | September 21, 2012

Psychological Traits of the Rich Trader They have the ability to admit they were wrong and get out of a trade. They know the place where price proves them wrong. They have the ability to not only close a losing trade but reverse and go in the other direction when it is called for. The… Read More »