What Makes a Great Trader?

Here is the link.

What makes a great trader? 1) You need a technical edge, a system that puts the odds in your favour. 2) Money management - You need to understand risk and be able to manage this ongoing. 3) Psychology - You need to learn, understand and be able to apply trading psychology 24/7. You must have all three to trade successfully and they're written in order of importance. You must also learn each aspect in the order I have written them. You can be a master of trading psychology or money management, but if you don't have a technical edge you won't make money. 95% of retail traders never overcome step 1, this is why so many fail.

Comments:

2:52 The most important thing. A: What you do with your losers and B: how your portfolio is constructed.


Tenacious, and also handle the stress.
Work as professionals.

Sponge - key aspect - what is noise, what is important? Spend as little time possible not important - risk adjusted profit