During slow market periods it's nice to peruse a trading book. Gartley listed the following attributes of successful traders and they are good ones. According him, a successful trader must be able to:
a. Survey the outlook and reasonably apprise the future
b. Plan a campaign to meet the probably alternatives
c. Have courage to act in carrying out such a plan
d. Change the course of his plan when conditions make it necessary
e. Willing to trade on both sides of the market
f. Withstand a barrage of misinformation
g. Stay out of the market when he’s confused
h. Limit and take a loss
i. Let a profit run
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment