Yesterday Norman brought us a guest blog post that I think most everyone that read it enjoyed (re-read here) and I've asked him back to teach us a little about the mental aspect of being a successful trader. We know it's more then just picking winners, but Norman also lays out 7 other crucial steps that you should follow. Also his 71 page ebook has been read by over 25,000 traders just like you, and you don't want to be the only one without his free teachings. Grab his 71 page ebook, enjoy the article, and comment, THANKS!
Many investors take actions that aren’t in their best self-interest. They make irrational trades; they trade based on emotion, rather than logic; they hold on to a losing position due to their unwillingness to admit they made a bad trade; they trade based on greed or panic… the list is endless.
Successful traders, on the other hand, all have a few things in common. Developing these characteristics and habits will help make you a successful trader.
1) Successful Traders Set Goals