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The time now is 08/20/08 - 09:46

Want to become a (successful) trader, get to know yourself


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

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clare
Apprentice


Joined: 21 Dec 2006
Posts: 9



PostPosted: 06/02/08 - 06:48    Post subject: Reply with quote

I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. I have heard that if you ant to become a (successful) trader, you need to get to know yourself. Is that really the case? Thanks in advance. Any info will do and really mean a lot.
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fritz
Apprentice


Joined: 10 Feb 2006
Posts: 10



PostPosted: 07/02/08 - 01:20    Post subject: Reply with quote

Any investment carries with it a risk in part. That is why you need to make sure everything goes as you plan, and that you make a good plan. Mechanics of stock trading is relatively easy to learn. Self-esteem can be a problem, but a problem you simply must overcome if you want to be successful. In fact, in order to do that, you have to know what kind of character strengths and weaknesses you posses, whether you are calm under pressure, etc. Thus, knowing yourself is really a key factor in your success.
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RealCool.BIZ Forum Index -> Investments & Trading -> Trading Psychology

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