What makes a successful trader?

Hello Traders,

 

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

 

Best wishes
Tom
www.springboardyourself.com

9 Comments

  • ken

    Thanks Tom nice to get a bit of motivation for the year ahead cheers .Ken

    Reply
  • Lourens

    nice to be reminded of these simple yet very important things, early in the year. Looking forward to great year ahead!

    Reply
    • Tom

      Good to hear from you Lourens! Hope you are keeping well.

      Important to get the year off on the right foot, its sustaining it over the full course that becomes the tricky bit! But if we start strong it can put the wheels in motion so to speak.

      Wishing you a fantastic 2015

      Tom

      Reply
  • Gavin

    Thanks Tom, Great blog.

    Reply
    • Tom

      Pleasure as always Gavin 🙂

      Reply
  • Paul

    Nice post Tom. Just starting out on my trading journey and find your posts an excellent inspirational resource. Your site is definitely being added to my team… looking forward to the next post. Thanks Paul

    Reply
    • Tom

      Hey Paul

      Glad the post helped, you are in a great position to start building these traits early into your trading journey to help smooth the learning curve.

      Pleased to be part of the team!

      Best Wishes

      Tom

      Reply
  • Mike

    Really useful video with several great reminders, thanks!

    Reply
    • Tom

      Hey Mike

      Great to hear from you! Hope you are keeping well

      Glad you liked the video, a few things in there to keep us ever improving.

      Best wishes
      Tom

      Reply

Post A Comment