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9 Characteristics of Successful Traders by Jack Schwager author of Market Wizards

Posted By On 11/20/2009 05:52:00 PM Under

Jack Schwager has given 9 Characteristics of Successful Traders in his book Market Wizards and same are as appended below:
1. The desire to be successful.
2. The confidence that they could win over the long run.
3. Discipline to follow a given methodology.
4. Taking trading seriously.
5. Rigid risk control.
6. Patience to wait for opportunities.
7. Acting independent of the crowd. (Contrarian)
8. Accepting losing is part of the game.
9. Loving what they’re doing.
Thus aim to be in the league of successful traders and for that one has to undertake the deliberate actions to become successful in stock market.
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