Which are the qualities one must possess to become a successful trader?

General
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Please share your valuable thoughts.

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  1. Definite Aim, Vision and Purpose
  2. Expertise and Excellence
  3. Focused
  4. Positive Attitude and Perseverance
  5. Flexible
  6. Masters of Time
  7. Action Oriented
  8. Confident
  9. Trusts Intuition
  10. Self Acceptance
  11. Big Dreams
  12. Admits Mistakes
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Hello Trader,

The LUCK factor is very important for a successful trader.

Toss a coin 10 times, if you called it right at least 6 times , you are in for the journey.

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****Do home work ,,,Total : 2 hours Personal pc...

End of market 4 o'clock flow the tend (((1 hour))) ..on equity stock.of whole market sector wise If you continue 4-5 days you can see the whole tend of market...some website like 1) www.moneycontrol.com/terminal/index_v1.php 2)http://economictimes.indiatimes.com/indices.cms 3) http://in.investing.com/indices/sensex-historical-data   4) http://www.topstockresearch.com 

You can research some stock also index where move......

****Study EBook (((.Pdf)))format in Google search engine and download it Study what you need...  

Study Commodity market and fixed """A directional view """"""on MARKET.....Do technical analysis from above website ........

Agri Commodities

10:00 a.m. to 5:00 p.m.

Bullion, Metals, Crude Oil and

Internationally linked Agri Commodities

10:00 a.m. to 11:30 p.m.

 FOR COMMODITY :

1) trade between 6pm-8pm (2 hours enaf) evening,,
2)last Friday market watch.............watch movement whole market(chat)
3) watch index then go for particular commodity...
4) watch how many BUYER how many SELLER (SELLER double SELL,,,,BUYER double BUY)

3 TIME SLOT : (11 trade --1.55 trade close) (2) (3.55trde--5.55close trade)
                   (3)(6.55 trade--8.55 close trade) IMPORTANT MOST TRADE AND MOVEMENT(n.3)

SEE BIG MOVEMENT IN MARKET HOUR......per 1 hour....

Need Rest : For mind free take time and rest....

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There are 3 big rules for successful career in investing and trading as follows :-

1 - Very Imp - Never Lose ur money or capital

2- Never forget Rule 1

3-Have Patience and Discipline to let your plan work , i.e… trade your plan and plan your trades .