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The time now is 10/28/08 - 04:39

Importance of atitude in trading?


RealCool.BIZ Forum Index -> Investments & Trading -> Trading Psychology

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odey
Apprentice


Joined: 19 Feb 2008
Posts: 1



PostPosted: 08/13/08 - 05:31    Post subject: Reply with quote

Hi there everyone. I would like to ask you something about market trading. So far, I have been present on the market through the broker but now I would like to shift to do the trading. What skills does one good trader need to have? What about importance of atitude in trading? Is it of any importance at all? Thank you.
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hagen
Apprentice


Joined: 16 Feb 2007
Posts: 1



PostPosted: 08/28/08 - 03:00    Post subject: Reply with quote

Hello. First of all, I would like to say that it is not an easy transfer from investor to the actual trader. Here is what I can tell you about it. When it comes to skills and features of a good trader, you must be patient and disciplined. Those are two basic elements. You also must have analytical skills, so you could analyze what is going on in the market. Be ready to response in an instant and take a risk. In my opinion, those are all skills that new trader needs to have. Attitude is more or less important, I really don’t think that is essential like that I’ve already mentioned.
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tymothy
Apprentice


Joined: 18 Nov 2004
Posts: 1



PostPosted: 09/12/08 - 00:30    Post subject: Reply with quote

Hi there. There is something about this subject that I would like to add. I think that all the trading skills can be learned as time goes by. Everyone is a little bit nervous and inattentive in the beginning. So, beginners tend to make a mistake, which is common knowledge. But, with time comes experience and everything comes to its place. I am sure that if you are committed to that business, you will acquire all the necessary skills with time. That would be all from me. Bye!
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