Monday, 25 October 2010

Lesson - Trader's Credo

Trader's Credo

To be a pro and smart trader
I always look for opportunity, not security
I will take the calculated risk to fail and to succeed
I will never choose to be just a normal trader
It's my right to be a successful trader.

Knowing trading is a mean to accumulate wealth.
I will exercise extreme discipline
As trend is my friend
I must maximise the profit and stop loss fast.
Dare to have more losing trades than winning trades.

Knowing my limit, honour it
Resist the greed of over trading
Sit tight by virtue of patience
Be proud and unafraid to tell the world
I have done a good trade.