Trader's Mindset

tradersmindset

How does someone know that they reached the trader’s mindset?

Here are a Few Characteristics :

  1. No anger whatsoever.
  2. Confidence and being in control of the self.
  3. A sense of not forcing the markets.
  4. An absence of feeling victimized by the markets.
  5. Trading with money you can afford to risk
  6. Trading using a chosen approach or system.
  7. Not influenced by others.
  8. Trading is enjoyable.
  9. Accepting both winning and losing trades equally.
  10. An open mind approach at all times.
  11. Equity curve grows as skills improve.
  12. Constantly learning on a daily basis.
  13. Consistently aligning trades with the market’s direction.
  14. Ability to focus on the present reality.
  15. Taking full responsibility for your actionsDeveloping the trader’s mindset takes time.
Go to top