terms to be successful trading

A. Emotional Stability .You do not have to be mad to trade , but it helps ! It was a joke , of course . It takes emotional stability under pressure . A successful trader must be able to remain calm in difficult situations . Traders with a very high ranking on a scale of emotional stability have very low levels of anxiety , calm , relaxed , and have a low level of suspicion . They tend to believe in themselves and are not paranoid . You will not hear them blaming traders to force the direction of prices in accordance with their wishes and they are responsible for their actions .B. Discipline .Successful trader is one who can follow the rules . They are the ones who are driving under the speed limit . They tend to be a perfectionist and take pride in their work . They want to take a project from start to finish and get the joy of completing the project successfully . Pilots , trained to follow the check list , and tend to be trading well . An individual -oriented impulses , will have difficulty reaching the discipline to be a successful trader .C. Intelligence .Successful traders tend to be intelligent . They do not need to have an IQ of Einstein , but they are above average in intelligence . They tend to be good problem solvers and familiar with numbers , such as statistics . They understand that trading is based on probabilities , that not every trade will work as planned .

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