The 7 Habits Of A Highly Successful Trader

[15 min tlb]

The 7 Habits Of A Highly Successful Trader - YouTube

 

[counter_violent]

The 7 Habits Of A Highly Successful Trader - YouTube

Ruined by the use of xtranormal voice.

 

[15 min tlb]

Ruined by the use of xtranormal voice.

I am still listening , it is quite funny.

 

[counter_violent]

I am still listening , it is quite funny.

These are funny...moving pictures with the voices.

Bank Bailouts Explained - YouTube
Gas Prices Explained - YouTube

 

[p-lab]

I am still listening , it is quite funny.

As are you sunshine...Keep rollin'

 

[15 min tlb]

As are you sunshine...Keep rollin'

I find it easier to listen than to read and absorb it all.

http://www.trade2win.com/boards/home-trader/19751-7-habits-highly-succesful-trader.html

 

[BeginnerJoe]

I couldn't get past point 1.

Trading is an act between 2 parties. Since you cannot control what the other party is doing, taking responsibility for all outcomes of the trade is pure newb, and pure demo pips peddling (you see, when peddling demo pips, only one party is involved). A real trader should only take responsibility for the things he has done wrong, and take no responsibility for the actions of the other party. If you can't work out who is responsible for what, you are destined to fail.

Here's why that 99% of people fail, they blame their own psychology for the actions of the other party. The correct solution isn't to blame yourself for things that you have no control, but to put yourself in a position where the other party can do minimal damage. Get that right, and you will be one of the greatest traders of all time - the market will be your ATM.

My official learn-to-trade-from-youtube rating for this video is a D minus.

 

[15 min tlb]

My official learn-to-trade-from-youtube rating for this video is a D minus.

This was orignally a pdf doc and some readers recommended it.It is no different from the pdf , when sentiment and goals were different.

Does it not say a load of truth?

 

[new_trader]

Drugs, Alcohol, Porn...etc

Someone had to say it...whatever!

 

[BeginnerJoe]

Does it not say a load of truth?

No idea. I stopped listening after 5 seconds because what was said was clearly wrong from the word go.

 

[15 min tlb]

I couldn't get past point 1.

Trading is an act between 2 parties. Since you cannot control what the other party is doing, taking responsibility for all outcomes of the trade is pure newb, and pure demo pips peddling (you see, when peddling demo pips, only one party is involved). A real trader should only take responsibility for the things he has done wrong, and take no responsibility for the actions of the other party. If you can't work out who is responsible for what, you are destined to fail.

Here's why that 99% of people fail, they blame their own psychology for the actions of the other party. The correct solution isn't to blame yourself for things that you have no control, but to put yourself in a position where the other party can do minimal damage. Get that right, and you will be one of the greatest traders of all time - the market will be your ATM.

My official learn-to-trade-from-youtube rating for this video is a D minus.

It agrees with you , and accepts nothing can be done about other factors , but the mistakes are made by traders and flaws of traders.

http://www.trade2win.com/boards/trad...ml#post1246148

Why TA ‘fails’,It's traders that are profitable – not their methodologies , it is the traders who are losers not their methods.