Best single characteristic of a trader?
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Thread: Best single characteristic of a trader?

  1. #1
    If you may need to select between all of what you've got know about trading and be left with only 1 thing what is it... MACD? ... Fibonnaci... moving average... pivot points... RSI . . .stochastic... trendlines...R:R ratio... Money Manegement. . .Fundamentals analisys. . .Technical analysis... price action. . .news report title it. . .or maybe somebody else who is aware of what will be the more accurate information you want to understand before building a transaction decision to create it turned into a profitable decision.

  2. #2
    Quote Originally Posted by ;
    Sounds like you're well organized in the egy, along with your execution. Superb.

    And wow, I only noticed the number of articles that you have made. I thought that when I passed 1,000 I had been guilty of spending way too much time on this forum. However, you made me feel a whole lot better. LOL.

    Best wishes,
    David
    That is where I learn... grow and evolve. Together with all the friends I make a long how... PRICELESS

    I discovered... the longer I give... the longer I get back.

    Still climbing my way up the 5 traders level/competencies. Seeking my way back... I am glad to observe some good improvement I have made. Surviving another year to live commerce

    What I enjoy most about you... you seriously know what you're discussing. A very profound insight and analytical thinking from you depict that you are a guy with WISDOM

    Together we develop and evolve,
    SHAMX

  3. #3
    Without a doubt it is money management. Money management entails taking losses employing a succinct set of tips. Money management is the toughest skill to master because it entails a skill that human beings aren't born with and that's the ability to have a loss. We spend 99% of the time focusing on what works and very little on what to do if something goes wrong.

    By the way, good money management is much, much more than just placing a 30 to 70 pip stop on every trade you require. You need to put a lot more thought in to it.

  4. #4
    Quote Originally Posted by ;
    Best feature I see is the ability to separate yourself from the value of cash.
    Can not agree more!

  5. #5

  6. #6
    Hi there,

    that I think the best charcteristic of a Forex trader is the one who handles using Simple Method With Discipline Command Risks nicely is a REAL Forex Trader...

  7. #7
    Discipline.
    Discipline.
    Discipline.

  8. #8
    Money management is not a feature.

  9. #9
    Quote Originally Posted by ;
    It is not an indior - it is your mind and outlook.

    Top feature I see is the ability to separate yourself from the value of cash. You have to see money as a tool not as something which you're winning losing with each tick. The value of cash is not in the amounts but what you could do with this.
    I absolutely agree.
    I cant get it done if I see that cash. Since my platform is configured to display percentages. . I trade without fear or greed. .
    And over the decades thats demoned an unbeatable advantage.

  10. #10
    Quote Originally Posted by ;
    Money management isn't a characteristic.
    lol no kidding. I can only imagine someone saying that in an interview or something.

    Interviewer: so tell me some of the good characteristics

    employee optimistic: well, I like children, I work to hard, money management, I'm real good with people

    LOL

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