Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.


  4 Things Traders Must Do To Be Successful

Recommended Posts



If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you're not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it's not. In decades of working with billionaire hedge fund managers and traders, he's found that traders that are passionate about trading don't put in the work and trade too much.


To be successful trading, Dr. Steenbarger has learned:


1.      A rule of thumb for how traders should control losses so that they never lose more in a morning than they can make in an afternoon, more in a day than they can make in a week and more in a week than they can make in a month;


2.      Why traders should not just focus on minimizing their weaknesses, but also maximizing their strengths;


3.      A simple trading journal that will help you improve each day; and


4.      That the best traders are ones that embrace losses and use them to become better.


Author: Dr. Brett Steenbarger


Source: https://blog.topsteptrader.com/brett-steenbarger-limit-up-futures-trading


www.tallinex.com wants you to make money from the markets.



Share this post

Link to post
Share on other sites

4 things a 'trader' must do

1- Avoid 'Trading' forums

2- Avoid advising other 'traders' when you are not a trader yourself.

3- Avoid Tallinex

4- You have to fill this one in yourself. It will take you a few years. Sorry, reality sucks.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.