Greatest traders in the world.
They all have these 5 characteristics:
They all have these 5 characteristics:
1. Discipline
#Discipline is the most important. Without it, you will not succeed. Without it, you will go a lifetime and never achieve your goals.
#Discipline is the most important. Without it, you will not succeed. Without it, you will go a lifetime and never achieve your goals.
Discipline is knowing that the right thing is sometimes a tough decision.
And that means being optimistic that these tough decisions are worth it and will pay off.
#trading #investing
And that means being optimistic that these tough decisions are worth it and will pay off.
#trading #investing
2. Optimism
Continuing to believe that there is a better future to #invest in and invest for is the foundation of trading.
Continuing to believe that there is a better future to #invest in and invest for is the foundation of trading.
When you experience a setback, the only thing that will get you back on your feet is being #optimistic you will get through it.
You need to remain optimistic through the ups and downs and have #confidence that there are better days coming.
You need to remain optimistic through the ups and downs and have #confidence that there are better days coming.
3. Confidence
Be confident in your skills and know that you can succeed.
You have no control over the market but you do have control over how you trade and your mindset.
Be confident in your skills and know that you can succeed.
You have no control over the market but you do have control over how you trade and your mindset.
If you don't have confidence in yourself and what you are doing then you are wasting your time.
4. Knowledge
Knowing how to read the market is themost important skill.
You need to have a good understanding of how everything works together.
Knowing how to read the market is themost important skill.
You need to have a good understanding of how everything works together.
You need to fully understand the basics to be able to stand out in the crowd.
The crowd will focus on complexity and try to reinvent the wheel.
The best traders focus on simplicity and improve what is known.
The crowd will focus on complexity and try to reinvent the wheel.
The best traders focus on simplicity and improve what is known.
5. Patience
#Patience is a virtue, especially in trading.
#Patience is a virtue, especially in trading.
Searching for instant gratification causes you to trade even when you shouldn't.
Patience allows you to view things with clarity.
Patience allows you to view things with clarity.
When you are patient you can see the big picture and identify when something just isn't right - whether it's you or the market.
The best traders always choose to be patient because it is the only way that you will survive in the long run.
The best traders always choose to be patient because it is the only way that you will survive in the long run.
If you enjoyed this thread:
1. Follow me @iAnujBamal for more of these.
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3. Have an amazing Wednesday
1. Follow me @iAnujBamal for more of these.
2. RT the tweet below to share this thread with your audience.
3. Have an amazing Wednesday
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