A very Happy, healthy and prosperous new year to you! Now is a time to really get focused in on the year ahead and putting plans in place for how we are going to get what we want from the next 12 months. Trading is no different, and it is the festive / New Year period which gives me those few sacred days to plan on how I can improve my trading performance and achieve my 2015 goals.
One of the things I have always done (not just in trading but many different fields), is to focus on modelling myself on the very top traders to improve my performance. This involves understanding what common traits make them successful and then replicating these to the best of my ability. Through my 7 year trading journey I have come across many talented traders and there are some clear commonalities across them that are more than just fluke. In this week’s video I review what I believe to be the 10 most common / powerful traits found in long term, successful traders and what actions you can take today to replicate them for even greater success this year.
Now it’s important to note that just because I have listed 10 that you have to have all 10. However even if you just take away and work on a few, I am more than confident that it will have a positive effect on your trading. Trading success does not just come from a trader’s technical competence, there is a huge contribution from the non-technical side which is why I wanted to kick off this year’s blogs with this video.
Remember, these traits will not just happen and become second nature overnight. You need to action them, consistently. Success in any endeavour in life is never easy and trading success is certainly not easy to obtain. However, if you are prepared to put the work in, and separate yourself from the crowd, you will see the fruits of your labour.
Until we speak next