9 inches makes successful traders

[15 min tlb]

The success of a trader depends on the 9 inches between the ears.

The hard part is in understanding your psychology, because it’s true that the nine inches between your ears will determine your success as a trader.If knowledge is the main reason why most traders fail, then psychology is the second major reason.


Why Most Traders Fail – Part 1 | Bellmont Securites

Why Most Traders Fail – Part 2 | Bellmont Securites

Emotions play an important part

http://www.trade2win.com/boards/tra...make-traders-deviate-their-trading-plans.html

Discipline on execution is also important

http://www.trade2win.com/boards/trading-psychology/164170-discipline-training.html

Why Traders Lose Their Discipline

 

[lke220]

i agree 100%....thanks for the links

 

[dtb2]

I was almost afraid to read your post with that title.

 

[the hare]

Time to spam your indicator I think. The mods are turning a blind eye, it would be rude not too.

 

[15 min tlb]

Time to spam your indicator I think. The mods are turning a blind eye, it would be rude not too.

Indicators are useless , it is what is between the ears that dictates ,in the heat of the moment , when emotions are controlling your actions.

I really don't use indicators .

 

[15 min tlb]

I was almost afraid to read your post with that title.

If I had said 15 inches , you would have replied at an instant , testosterone and power under the belt is what drives many emotions.

 

[Arnav Deshmukh]

Couldn't agree more! It's all about the mindset. Success in trading is really about how you think and handle your emotions. It's not just about knowing stuff, but also about staying cool and sticking to your plan under stress.