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marktellez/20-habits-wealthy-traders.md

Last active July 4, 2018 21:39
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TRADING: 20 Habits of Wealthy Traders
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20-habits-wealthy-traders.md
  1. Wealthy Traders are patient with their winning trades and enormously impatient with their losing trades
  2. Wealthy Traders realize quickly that making money is more important than being right
  3. Wealthy Traders look at charts and see where other traders are lining up to buy and sell
  4. Before Wealthy Traders enter a trade, they know exactly where they will exit for a gain or loss
  5. Wealthy Traders approach trade number 5 with the exact same mindset they did on the 4 preious losing trades
  6. Wealthy Traders use naked charts and focus on trading zones
  7. Wealthy Traders realized a long time ago that being uncomfortable while trading is ok
  8. Wealthy Traders know that their workplace is the market - they are a participant not an onlooker
  9. Wealthy Traders stopped trying to picks tops and bottoms
  10. Wealthy Traders stopped thinking about the market being cheap or expensive
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