Traits of top traders

Characteristics:

1. Focus and Enthusiasm
2. Courage
3. Patience
4. Will
5.  Self-Analysis
6. Self-discipline - the most important trait
7. Open-minded
8.  Reverse the loss and exit
9.  Smart and quick in responding to numbers.
10. Great energy and professionalism
11. Perseverance to pursue the dreams.
12. Competitive Mentality
13. Speed and Elasticity
14. Shared variety of unique experiences
15. Obtain some motor skills.
16. All around.

Operation Suggestions:

1. TRADING CONCEPT

2. The Swiss method is to treat transaction partners without emotion, focusing on objectivity and neutrality.

3. Not trading is a form of self-discipline—a very important rule.

4. In the trading market, opportunities will definitely knock on the door twice.

5. Success is achieved by following the plan.

6. The market is the most effective source of company information.

7. Set trading goals, consider trading motivations, and everything you need to achieve your goals.

8. Keep a record of your trading experiences in your trading journal and revisit them at any time.

9. Put your focus on the trading system, not the profit and loss results.

10. The trading psychology and style of a good mentor should match your own.

11. Boost self-control, increase your chances of success, and minimize the role of luck as much as you can.

12. Complexity is not necessary to determine the optimal structure for a trade.

13. For long-term profits, the dynamic potential of a trade should be several times greater than the potential losses.

14. Trading Steps: One Bean at a Time.

15. Find successful traders and imitate them.

16. Only by sticking to your trading plan can you improve the accuracy of timing.

17. Focus on the future, not the past.

18. Watch for changes in profitability.

19. If  you want to set up your ideal trade, you must identify this, set sail and squeeze out as much profit as possible.

20. The method indicates that acknowledging losses in a timely manner is a sign of success.

2. RISK CONTROL

1.Initial loss is the smallest loss

2. As cutting losses is based on a higher rule—that is, you should abandon the market right away if you make a mistake in judgment—you are exempt from this rule. Losses don't always indicate poor decisions, despite the common impression that they do. 

3. I think it is very important to treat profits as reserves for losses.

4. It's preferable to miss out on an opportunity than to suffer a loss.

5. Performing a pre-evaluation of various response actions.

6. The equivalent of keeping losses low is creating larger profits.

7. Determine the maximum loss amount that can be allowed for a position.

8. Traders who are skilled avoid risk and take measures to prevent any potential consequences of errors.

9. Acknowledge the pressure of fear and steer clear of repeating the same mistakes.

10. Self-reflection is necessary to temper self-confidence.

11. Being smarter isn't necessary and don't let your pride prevent you from taking losses early.

12. Trading is not always enjoyable; you need to have the strength to overcome it at times.

3. TRADING SYSTEM

4. A trading system is a trading plan that provides guidance on what to do and when. Traders must have confidence in their trading system.
5. The simplest approach is to locate a long-term trend line and make a purchase near it.
6. A plan that is ideal must have at least two qualities: First, it clearly displays the timing of entry and exit. Secondly, the trading plan has been tested and proven to have stable profitability, while also taking into account risk and capital management.