Learn How To Fish

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VJAY

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Gud link shared by madan....

Common Themes
  • Mechanical trading models were used my many of the most successful.
  • They all used clearly defined systems and stuck to their rules.
  • Many of them back tested their ideas before implementing them in the real market.
  • Most of them surrounded themselves with exceptional people who had the expertise they needed.
  • Many of them lost money for the first few years before hitting their stride.
  • Each trading system suited their personality.

Common Personality Traits
  • Low Emotional Reactivity – Staying calm; experiencing neither major highs nor lows.
  • Detached – Understanding the market does what it does that they have no control over it.
  • Humble – With little ego they have no challenge taking losses or letting profits run.
  • Decisive – They reach decisions quickly and take action without second guessing.
  • Conscientious – Self-controlled, disciplined, consistent, and plan-driven, they persevere.
  • Confident – They have faith in their system and their ability to implement it.
http://etfhq.com/blog/2013/03/02/top-technical-analysts/
 

VJAY

Well-Known Member
Nice Tweet from Rushi Karia

U Don't need Educational Qualification to be successful trader.
Just u need 4 M's :
Money (Which you can afford to loose)
Mind (Set)
Method (With +ve edge)
Meditation (To develop equanimity state of mind)
 
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