Qualities of a good trader

#5
According to me, a good trader must know the timing when to enter the market and when to exit. Along with this, he must have the dedent knowledge of the stock market and knows how to do technical and fundamental analysis wherever necessary. Apart from this consistency, understanding are the major pillars of a good trader.
 
#7
A good trader is smart, doesn’t let emotions overrule their judgement, have immense patience to conduct trades smoothly and are very alert at all times. Hard work and motivation are skills every trader needs to gain to sustain in the market.
 
#9
A good trader knows how to handle situations. It doesn’t matter whether he is going to make or lose. What matters is how well he can keep trading without letting unwanted situations take away his focus.
 
#10
The top most quality is having emotional intelligence. Someone who gets overwhelmed by emotions can never become a good trader unless they learn to manage their emotions better. Discipline, patience and consistency are some other traits which we can find in any successful trader. Continuous learning with a professional approach is very much required to become a good trader in the long run.
 

Similar threads