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The Difference Between A Good And A Bad Trader: What Brain Imaging Reveals

The age old question: what is the difference between a good trader and a bad trader… aside from the P&L at the end of the day of course.

While luck has always been a major component of the equation, figuring out just what makes one trader successful, while another blows all his funds on a trade gone horribly bad has always been the holy grail of behavioral finance. Because if one can isolate what makes a good trader “ticks, that something can then be bottled, packaged and resold at a massive markup (and thus, another good trade) in the process making everyone the functional equivalent of Warren Buffett.

Or so the myth goes. Alas, the distinction between the world’s only two types of traders has been a very vague one.

Until now. (more…)

Is Trading an ART?

I don’t think so because if I say so I am expressing a lot of ego which is the least thing you need as a trader.
A trader needs discipline and a structured mind, doesn’t sound like a artist at all.

Trading is not a science either, that is why it is one of the most challenging career.

Art:might not be teachable, it is more of a natural gift.

Trading:Can be taught , and it can be done. 

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