Winning Traders They run their winners with incredible consistency When in a winning trade they will not start looking for a reason to exit if anything - they will look for a reason and price level to ADD! Risk They take low risks and won't let any one position damage them.
Trading habits & Patterns of Winning traders
Losing trades
- They cut losers without question
- They never go home with a loser (short term traders)
- They cut the trade if it's not acting right without hesitation
- Their tolerance for loss is very low - they don't fear being wrong but fear serious damage
- They run their winners with incredible consistency
- When in a winning trade they will not start looking for a reason to exit if anything they will look for a reason and price level to ADD!
- They take low risks
- No risky positions relative to account
- They won't let one position damage them
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