Are Competitive by Nature, and Absolutely Despise Losing
A successful trader hates to lose. Typically, these are ultra-competitive people, that play games to win. They are people that either want to be the best, or don't want to try. There is no half way.
Certainly, successful traders lose at times. But, they are always focused on improving their 'game'. Like an Olympic athelete, the successful trader is constantly focused on improving every facet of his/her performance, working on weaknesses, to make them strengths, identifying and mastering new techniques and skills to add to their trading arsenal.
Winning and losing is not just fun for these people, it's personal. They will choose not to trade, when the alternative is losing. And even consistently successful traders realize that there are times when the odds are just not in their favor, and they step aside and don't trade during these times.
=> They don't trade for fun, they trade to win. |
