What qualities are needed for being a good trader?

[Ivo Zetticci]

Patience, motivated, hard-working attitude should be developed and analytical knowledge will help you generate your own signals. FXOpulence allows traders with a free educational program and charge tighter trading spread. They offer resourceful indices1000 and crypto500 trading instruments with high leverage and narrow spread.

 

[ananbob92]

First you think that you are not a trader. You are dealing with a business and you are a business man. Do the business make profits , face lossess and learn with lossess and do more. This is the right way that you will become a good trader.

 

[moonchild]

I think Patience takes the first spot in qualities of a good trader, you have to be a tiger, patient and tactical yet dangerous and cunning, go watch some wildlife documentary and see how a tiger attack, it can follow a prey for a long time until an opportunity avail itself to attack, when it's time to attack, it's relentless and hold no prisoners, it goes all out to take the prey out.

If you can be patient in trading you will make a lot of money you can only imagine, the money is in Patience, not strategy or anything else peddled by the gurus.

 

[tray59]

for one to become a good treader you must have patience and be less emotional you must learn frequently on demo account you must also able to cave out time to study indicators and their working time frame but my major suggestion is you must have a mentor who will teach you how to trade often in case you needed assistance

 

[Leah Kelvin]

For one to make it as a trader, he/she has to have discipline, patience, risk management skills, analytical abilities, adaptability and emotional control. These characteristics are necessary for adhering to a trading plan, waiting for opportunities to arise, managing risks involved in trading and studying data patterns while adjusting strategies and staying away from emotions.

Continuous learning is essential for traders who want to be successful. Resilience is also important for those in the trade. Others will tell you that it’s imperative that you display self-confidence as a trader. Lastly prudent fiancé is crucial in this business

 

[FXOchartist]

Good traders can be disciplined and always make a well-prepared trading plan. Have a reliable understanding of market and trading strategy, strong psychology, high patience, and self-confidence but not overconfidence. Their trading decisions are made rationally.