- Capacity for Prudent Risk-taking.The young successful trader is not afraid to go after markets aggressively when the opportunity presents itself.
- Capacity for Rule Governance. The young successful trader has the self-control to follow rules in the heat of battle, such as rules of position sizing and risk management.
- Capacity for Sustained Effort.The trader uses productive time to do research, preparation, work on himself, outside of market hours.
- Capacity for Emotional Resilience. All young traders will lose money early in their development and experience multiple frustrations. The successful ones will not lose self-confidence and motivation in the face of loss and frustrations.
- Capacity for Sound reasoning. The successful young trader exhibits an ability to synthesize data and generate market and trading scenarios.
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