Trading Educators Blog
Five Basic Steps To Becoming A Successful Trader
1. Focus on trading vehicles, strategies, and time horizons that suit your personality
2. Identify non-random price behavior
3. Absolutely convince yourself that what you have found is statistically valid
4. Set up trading rules
5. Follow the rules
6. Don’t be afraid to abandon a rule that is no longer working.
In a nutshell, it all comes down to:
Do your own thing (independence);
And do the right thing (discipline).