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One Behaviour That Puts Great Traders Above The Rest
Do you want to know the single behaviour that separates great traders from good traders? In this article we’ll discuss the trait along with strategies you can use to develop the trait in yourself.
The trait we’re going to talk about is one that allows the best traders to keep making money year-after-year. It helps traders to make consistent returns and keep the money that they make in the market. It cannot be underestimated.
You can have all the trading knowledge and skill that you want, but without this trait you’ll be inconsistent which will limit your potential as a trader. It’s all well and good making 1,200% in your first year, but if you lose 80% the next year, what’s the point? You put a lot of effort into making money in your first year and then lost the large majority of it. All that effort gone to waste.
Big swings in returns like this suggests that something is missing your approach.
What’s missing?
What’s the trait?
Discipline.
The dictionary definition of “discipline” is:
“the practice of training people to obey rules or a code of behaviour, using punishment to correct disobedience”
