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13 Super Trader Characteristics.
http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE These are related to a trader managing a team but they are also useful for individual traders too. Think of you managing yourself. How do you make consistent profits in good and bad markets?
From the Trading to Win Book by Ari Kiev; Common Traits of Winning Traders
1) What are you trying to achieve as a trader? Where are you trying to get to? Are you in-line with that? What is the framework that you have put in place to get to that?
2) There are of course going to be obstacles, you need to be fully committed to this and this requires focus. It may take considerable time and effort - having this mentality and 'whatever it takes' attitude will help achieve your goals.
3) A willingness to allow others to help in realising the vision. From your perspective this is about accepting help from courses and mentors and books - you don't have to do everything yourself.
4) Preparation, preparation and more preparation. We talk about trade planning and risk management all the time.
5) Patience; the ability of letting opportunities time to develop.
6) I need to be open-minded to different viewpoints and perspectives.
7) Very often we convince ourselves that we are great traders when in reality the data shows we're not.
8) Listening ability. Ray Dalio also talks about this. Understanding what is the truth in you.
9) Humour. Keep things light and keep moving forward.
10) Discipline.
11) Trusting yourself that you are going to do the right things and proving yourself.
12) Commitment. Never quit.
13) Do what you said you're going to do and limit your ego.
Related Videos:
Trading Preparation: Consistency, Confidence, Control & Composure π
https://www.youtube.com/watch?v=8aTs5tCGa4w #trading_discipline
3 Ways You Can Improve Your Trading Discipline π£
https://www.youtube.com/watch?v=FcllPexPWcc### Developing Patience and Knowing when to Trade ###
Part 1 - Tips on How to Develop Patience and Trading Discipline:
https://www.youtube.com/watch?v=biBvOdzOp1EPart 2 - What is your Winning Edge (Advantage) when Trading?
https://www.youtube.com/watch?v=WlI1GnzSi48Part 3 - Trade when the Market isn't Random: Understanding Crowd Psychology
https://www.youtube.com/watch?v=mFhcxsKF6AAPart 4 - Profiting From Panic Selling: Buy Fear, Sell Greed
https://www.youtube.com/watch?v=9ff-fnvGGOsPart 5 - Trading with an Edge: How To Trade And be a Winner
https://www.youtube.com/watch?v=oogb4zE8k1kPart 6 - Developing Patience and Knowing When to Trade
https://www.youtube.com/watch?v=gTAQRSFru4UAbout the Site π
This site provides links to random videos hosted at YouTube, with the emphasis on random. π₯
Origins of the Idea π±
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. π§
Challenges Faced π€
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. π
Creating Truly Random Links π οΈ
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube πΊ
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. π
Content and Users π΅
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact π€
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. π
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