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9 Skills to be Acquired by Traders

1)Learning the dynamics of goal achievement so you can stay positively focused on what u want-not what u fear.

2)Learning how to recognize the skills you need to progress as a trader and then stay focused on the development of those skills,instead of the money ,which is merely a by product of your skills.

3)Learning how to adapt yourself to respond to fundamental changes in market condtions more readily.

4)Identifying the amount of risk you are comfortable with -your “risk comfort level”-and the learn how to expand is in a way that is consistent with your ability to maintain an objective perspective of market activity.

5)Learning how to execte your trades immediately upon your perception of an opportunity.

6)Learning how to let the market tell you how much s enough instead of assessing the potential from your personal value system of how much is enough.

7)Learning how to structure your belieds to control your perception of market movement.

8)Learning how to achieve and maintain a state of objectivity.

9)Learning how to recognie “true ” intutive information and then learning how to act on it consistenly.

The Success Indicator

2012 – I barely knew you.  Another year has passed and another one is ahead.  This is the single best of time year when you can begin to think about all the things you want to improve or achieve in the upcoming year.  Time management and goal achievement is all about planning.  If you’re not thinking ahead you’re falling behind.

Anyhow, I really liked this image I saw on Facebook about the difference between the way successful people view the world and the way unsuccessful people view the world. Obviously, there is no single indicator that is going lead to success and there’s certainly no holy grail to success, but I think this provides some pretty good general guidelines.  A lot of these are things I need to do some serious work on.  I hope you find it helpful and thought provoking as you plan the new year:

Successful people:
Compliment others
Forgive others
Accept responsibility for their failures
Keep a journal
Want others to succeed
Keep a “to be” list
Set goals and develop life plans
Continuously learn
Operate from a transformational perspective
Have a sense of gratitude
Give other people credit for their victories
Read every day
Talk about ideas
Share info and data
Exude joy
Embrace change
Keep a “to do” list. (more…)

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