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Traits of a Successful Trader

We urge you to use this checklist for your own trading and investing preparation.  We truly feel that these traits are very important for you to understand.  These trader traits coupled with the proper psychology can make a huge positive difference in your overall trading performance.     

•  The ability to act on your decisions.

•  The ability to accept responsibility for your actions.

•  You must have emotional detachment from the markets.

•  The ability to accept risk and take losses (you’ll never be right 100% of the time). (more…)

S&P 500 Up Every Trading Day in November So Far

After struggling at the end of October, the S&P 500 has finished higher on every single trading day so far in November.  This marks the 16th 6-day winning streak for the S&P 500 over the last ten years.  As shown below, the last four 6-day winning streaks have been met with declines on day seven.
WINNING STREAKS

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