Forwarded from FOREX VIP (TRADERS )
9 things winning traders do that losing traders don't do
1️⃣ Think independently: do this if you want to be successful in trading, and take nothing at face value
2️⃣ Be willing to get 100% involved: no one will do the work for you, at least not for free
3️⃣ Have the right expectations: Trading is a get rich slowly scheme, so manage your expectations
4️⃣ Manage risk like a pro: do this the right way so that a loss is only a small part of your account
5️⃣ Trade with an edge: Your trading strategy should have an edge in the markets
6️⃣ Execute relentlessly: Be willing to execute consistently even in the face of reduced profits
7️⃣ Always be a student of the markets: learning never ends, even if you are a profitable trader
8️⃣ Emotional control: Keep emotional control and don't get carried away by your profits and losses
9️⃣ Know when to stay on the sidelines: especially when market conditions are not favourable for your strategy
1️⃣ Think independently: do this if you want to be successful in trading, and take nothing at face value
2️⃣ Be willing to get 100% involved: no one will do the work for you, at least not for free
3️⃣ Have the right expectations: Trading is a get rich slowly scheme, so manage your expectations
4️⃣ Manage risk like a pro: do this the right way so that a loss is only a small part of your account
5️⃣ Trade with an edge: Your trading strategy should have an edge in the markets
6️⃣ Execute relentlessly: Be willing to execute consistently even in the face of reduced profits
7️⃣ Always be a student of the markets: learning never ends, even if you are a profitable trader
8️⃣ Emotional control: Keep emotional control and don't get carried away by your profits and losses
9️⃣ Know when to stay on the sidelines: especially when market conditions are not favourable for your strategy