10 Ingredients of Great Traders
Success in trading isn't about predictions or stock picking — it's about mindset, risk, and process. Here’s what sets top traders apart:
• Passion — fuels the discipline and study required to succeed.
• Clear goals — knowing why you trade keeps you focused.
• Perseverance — long-term success comes to those who don’t quit.
• Resilience — bouncing back from drawdowns is essential.
• Backtesting — testing systems avoids costly real-time mistakes.
• Edge awareness — only trade when your strategy gives you an advantage.
• Positive expectancy — bigger wins than losses, or high win rates.
• Risk control — cut losers fast, let winners run.
• Flexibility — adapt to what the market gives, not your bias.
• Discipline — follow a plan, not emotions.
Trading is a performance craft — the edge is in execution.