What Makes A Successful Trader?
Millions of people trading in the market, yet the really successful ones are few and far between. The single most critical skill is that of making proper decisions. To help you practice, let us suppose you are presented with two stocks, both current stocks.
And to make your life easy, let us suppose you are given the following clues – all of which work to your advantage:
- Both stocks are in an uptrend.
- You can spend any percentage of your fixed trading capital at any point, but you do not have unlimited capital.
And the following rules are to be followed:
- You can only go page by page. Which means, you look at the chart on page 1. Make your trading decisions, enter your trade in your journal.
- Only after you have penned, written down your trade, you can go to the next page. And then you repeat the process.
To be frank, both the stocks used in the quiz are relatively simple and offer no challenges. And that is not the way the market works. But we are where we are and to stay in the present, we have to use current stocks.
Hopefully, as time passes we will be offered more challenging quizzes. If you have not already seen this Youtube video, check out the current stocks in a potential uptrend here, but their tickers have been hidden just to test your own chart skills = https://youtu.be/bVdYEsqjU10?si=e_O5FjaJhV4pEFqs
Spanish 
English