DislikedAny trader like to have a go at posting a definition of exactly what a successful trader is? Post a definition and provide the source! I think you might struggle but good luck in any case. Masterrmind......... :nerd:Ignored
"Risk Control
In the end, successful trading is all about risk control. Take losses quickly and often, if necessary. Try to get your trade in the correct direction right out of the gate. If it backs off, cut out and try again. Often, it is on the second or third attempt that your trade will move immediately in the right direction. This practice requires patience and discipline, but when you get the direction right, you can trail your stops and usually be profitable at best, or break even at worst."
Source: http://www.investopedia.com/articles...attributes.asp
How well you consistently manage risk is the key my fellow friends!
Masterrmind...........
Master your Mind then Master your Trades