Do You Know Who is the Best Trader ?

Thursday, March 7, 20130 comments

Do You Know Who is the Best Trader ?

well I just convinced with these words for replay. even low risk and most profitability are the best characteristics of any successful trader, in addition I would like to add some think cool which can be define as a very best performer in chart and best interpreter of Forex maths with great qualities of fundamental and technical analysis and who inherit good for casting power would be proved as a best trader.

and also The best traders in trading is that traders can consistently make a profit and can minimize the risk of loss in trading.so he will always be disciplined in the management control of trade and waiting for the right to conduct trade transactions in the market.

the best think that "They Have A Trading Plan" – Before opening live account, everyone should have a very best trading plan. This shouldn’t just be something in your head either, you need to write it down way! By writing it down, it is clearly defined and you can refer back to it at any time here. It will also be more real if you write it down and you’ll be much more likely to stick to it. Like anything in life, in order to be successful you need to have a plan and think things through rather than just flying by the seat of your pants.my dear When I first started trading I would just place random trades based on how I was feeling at the time. I’d put on a bull call spread, then I’d try shorting stocks I thought were over valued and then I’d be making volatility trades. Needless to say I was not very successful during this time but While some of my trades were winners it was like I was taking 1 step forward and 2 steps back. All the great traders have a clearly defined trading plan. This is crucial to your success as a beginner options trader.

To me a best trader is who is able to know when he's about to make a mistake and correct and if he had made that mistake is able to learn from it, a best trader is able to read the market, analyses and make good judgement of the market, is trader who is not carried away with winning trades and is committed to their strategy and able to adjust to see what works and what doesn't.

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