Hallmark Of A Good Trader

Trading success comes from consistent application of a positive expectancy system. Consistent application comes from total confidence in your trading system and in your own ability to always act in your own best interests. Unfortunately this confidence only comes from success. You can't fake it through positive thoughts. Catch 22 situation - you can't trade successfully unless you have total confidence in yourself & your system, and you can't have total confidence in yourself & your system until you trade successfully. The fact is, trading has to be about one thing. Making a profit. If you do it for any other reason, you are probably doomed to failure, because you'll operate from emotion instead of the cold, mechanical thinking that's the hallmark of a good trader.