7 Values of a Trader

VladDanciu · Feb 24, 2012

Hi friends,

I would like to open a discussion about 7 Values of a Trader, or 7 Gold Rules for a Trader's Life.
7 Core rules that should drive any trader in his life journey.

So what are the best 7 ? :clover:

new_trader · Feb 24, 2012

VladDanciu said:
Hi friends,

I would like to open a discussion about 7 Values of a Trader, or 7 Gold Rules for a Trader's Life.
7 Core rules that should drive any trader in his life journey.

So what are the best 7 ? :clover:

I wouldn't use the term 'golden' rules in this forum because people here think that paper is superior...so call it 'The 7 paper rules'.

YouAreNotFree · Feb 24, 2012

I just finished reading 'Millionaire Traders' and one quality which stood out amongst nearly all of them was that they lived in a relatively frugal, modest way despite their success.

So I would say frugality.

robster970 · Feb 24, 2012

We forgive you for whatever you are about to do

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MoonRocket · Feb 24, 2012

YouAreNotFree said:
I just finished reading 'Millionaire Traders' and one quality which stood out amongst nearly all of them was that they lived in a relatively frugal, modest way despite their success.
So I would say frugality.

I remember in Marty Schwartz in "Pit Bull" saying there were traders making millions per year but would not buy a new car.
I knew a great guy that owned tyre service outlets. He was a multi,multi millionaire
and he only ever bought four year old cars.
His wife was never happy about this.

DionysusToast · Feb 24, 2012

Why 7?

VladDanciu · Feb 24, 2012

I just like the number

and I would like to write an article later on for a students magazine in my university.

So I am looking to find best 7 advices from pro traders
something like.
1. never get greedy
2. always ... etc

RussellA · Feb 27, 2012

Just 7 advice from pro traders???
What if more then 7 pro traders give their advice to you???

VladDanciu · Feb 27, 2012

it would be also good

NVP · Feb 27, 2012

VladDanciu said:
I just like the number and I would like to write an article later on for a students magazine in my university.

So I am looking to find best 7 advices from pro traders
something like.
1. never get greedy
2. always ... etc

if you offer them 7 they will respond by saying "are you buying or selling ?"

N

data_editors · Feb 29, 2012

Humility.

Humility in recognizing the power of the market. Acknowledging its power by placing a stop loss for every trade.

7 Values of a Trader

VladDanciu

Junior member

new_trader

Legendary member

YouAreNotFree

Experienced member

robster970

Veteren member

MoonRocket

Well-known member

DionysusToast

Legendary member

VladDanciu

Junior member

RussellA

Newbie

VladDanciu

Junior member

NVP

Guest Author

data_editors

Junior member

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