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Sucessfull Attributes
 

 “The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and then starting on the first one.”

 Mark Twain

 

 

What are the most common attributes of successful day traders?

 

 Fearlessness for one.  When the market is moving quickly, you have to jump in, but most people just freeze.  .
The second attribute - multi-tasking - women will appreciate even 60-year old grandmothers trade futures successfully.  

They study harder, paper trade longer to hone their technique, and are used to multi-tasking - looking at a chart, talking on the phone, changing a diaper, and clicking at the same time.  Navy pilots also make good day traders.  If they can land a rocket-ship at night on something that is bobbing and weaving in the middle of nowhere, day trading is a piece of cake. But, anybody can do it, provided you master these two attributes.


A third attribute would be the ability to gage risk and embrace it.  You don't necessarily have to be an expert, but you have to be able to operate in the now.

 

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