Self Improvement Articles
For Traders And Investors.

I’ve had lots of people ask me over the years what the keys to successful trading and investing really are.

If I had to boil them down to just three traits every single successful trader and investor has ever had, I would say they are: Patience, Discipline and Focus.

Patience is required to wait until market conditions are exactly right for your style of trading. Or to find that one great trade setup that can make you 45% in the next three days. Or to hold on to your winners and let them run as long as they will instead of taking that immediate small profit.

Discipline is required to stick with your trading system in good times and bad. To let those winners run and to cut the losers off at your specified time without a second thought. And to have the discipline required to learn your perfect trading system in the first place.

Focus is required to manage the trade from the initial buy to the final sell. Taking your eye of the ball in trading is a recipe for disaster. I would have to say this is the one area I’ve made my biggest mistakes in trading. I lost the focus necessary to catch the one day I should have sold a stock and bagged the profit.

To help you develop those traits – and many other ones related to them, I’ve posted a series of self improvement articles for traders and investors in this area of the website.

Hopefully you’ll find at least one or two articles that really “hit home” with you, giving you the edge you need to become a highly successful trader or investor.

But if not, I’m just an email away to help you in any way I can.

Good Trading And Investing!

J. Daryl Thompson
CEO, Trade Your Way To Wealth LLC