7 Habits of Trader is a forex educational eBook that will
assist traders to understand market and how to place their trades."
For the successful trader knows every action he takes, every decision he makes he ,and only he, is responsible for that action.
For the successful trader knows every action he takes, every decision he makes he ,and only he, is responsible for that action.
You will
never meet a successful trader who is looking to blame someone else, or
something else for the consequences of his results. It just
will not happen.
You see, when you accept 100%, no questions asked
responsibility for all your actions you close the door to "excuses"
behind you. When something goes wrong instead of looking for someone else to
shoulder the blame, you will accept responsibility, note it down and vow never
to repeat it again.
Simply, you are willing to accept you are going to make mistakes,
but more importantly, you are going to learn and never repeat those mistakes. A
vital component of any winning trader.
How
can a trader learn to accept total responsibility? Have a set of rules and
realize THE most important point in trading is following those rules.
Once you have a set of firmly established
rules you will find your-self not having to follow out-side opinion.
In fact I go to great lengths not to listen to
outside opinion. Simply because, I know by following my rules I will be on the
right side of the market 95% of the time and I will never miss a big move.
Those
kind of figures are much better than any out-side source can give you.