Don’t miss to Buy this Book ,101% read it !!
From time to time I have been asked to offer my perspectives on things I have found common in successful traders. I have always struggled with my reply to that question because there are only a few traders of which I have gained enough understanding of what they do every day to achieve their results.
However, in Van Tharp’s latest book “Super Trader,” he provides 10 common characteristics frequently found among the best of the best among the hundreds of traders he’s worked with throughout his career. Like me, I think you may find it of interest!
They all have a tested, positive expectancy system that’s proved to make money for the market type for which it was designed.
They all have systems that fit them and their beliefs. They understand that they make money with their systems because their systems fit them.
They totally understand the concepts they are trading and how those concepts generate low-risk ideas.
They all understand that when they get into a trade, they must have some idea of when they are wrong and will bail out. (more…)