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《7 Habits Of A Highly Successful Traders》.pdf
7 Habits
of a
Highly
Successful
Trader
Mark Crisp
Table of Contents
1. Take Complete Responsibility:
2. Have a System That fits You:
3. Plan a Trade and Trade a Plan:
4. Work Hard at Learning How to Trade Properly and Keep Working:
5. Positive Self- Belief:
6. View Trading as a Score in Points and Not In Money:
7. Keep trading as Part of a Balanced life:
8. CONCLUSION:
1) Take Complete Responsibility:
For the successful trader knows every action he takes, every decision
he makes he ,and only he, is responsible for that action.
You will never meet a successful trader who is looking to blame
someone else, or something else for the consequences of his results.
It just will not happen.
You see, when you accept 100%, no questions asked responsibility
for all your actions you close the door to excuses behind you. When
something goes wrong instead of looking for someone else to shoulder the
blame, you will accept responsibility, note it down and vow never to
repeat it again. Simply, you are willing to accept you are going
to make mistakes, but more importantly, you are going to learn and never
repeat those mistakes. A vital component of any winning trader.
Could you imagine Warren Buffet losing a few million $$$s on a
share trade and then blaming the general conditions of the market.
Or blaming his broker for giving him dud advice? no way! Just not
going to happen. I will guarantee when top traders takes a loss the
first thing they will ask them-selves is Did I follow my rules?
If the answer is yes, then they will look at their rules. Is there
something that could be changed in their rules to avoid this loss again?
Many times the answer will be a re-sounding no.
On the other hand, if after asking the question did I follow
my rules?, If the answer is NO. Then some deep self explanation will
be called for. Why did I fail to follow my rules? How
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