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What Makes a Successful Trader?
http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Successful traders are profitable traders in the long run. I think successful and great traders aren't born; they are created, through hard work focused on these traits: Redoing.
1. Passion - I think you need to enjoy what you're doing and really immerse yourself in the markets to be a successful trader.
2. Goal Focused - No, you don't need money goal. You need to be goal focused in terms of process focused.
3. Perseverance - you need to keep pushing and you definitely need this or you'll give up on the first pushback.
4. Resilience - again allowing your to succeed in the long term.
5. Backtesting - I don't really agree with this in terms of backtesting on a pc. But you do need a strategy that you think will work.
6. Know your edge - this is quite similar to backtesting. Knowing what you are good at - if you're good at trading breakouts focus on them, if you're good at reading profit and loss statements as soon as they are released focus on that..etc
7. Risk/Reward Ratio - this is a big one - even the multi-millionaries say that the risk/reward ratio is a good thing
8. Keeping losing small - this is again a big one. If you don't keep losses small your risk/reward ratio won't work.
9. Flexibility - you need to know when its necessary to adjust your trading plan.
10. Discipline
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https://www.youtube.com/watch?v=IHLF2nmRbcE #contrarian_trading #sentiment_trading
Successful Traders Part 8: Traders who Make Money Spend Most of their Time Analysing Themselves
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https://www.youtube.com/watch?v=LXx9W_3m-HsAbout 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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