Most important attributes of a successful trader

important attributesAri Kiev was born in 1934 and passed away late 2009. Psychiatrist and best-selling author Ari Kiev’s work ranged from the study of nontraditional psychiatry practices to helping athletes and Wall Street traders achieve peak performance.

In his book “The Mental Strategies of Top Traders: The Psychological Determinants of Trading Success” he puts down a few of most important attributes of a successful trader. 

The most important attributes of a successful trader

  •  The ability to notice and separate emotional responses from the decision-making process
  •  The ability to function with some degree of independence and autonomy while still following good risk management principles
  •  The ability to stand outside oneself and one’s concerns about images in order to function in terms of larger objectives
  •  The ability to suppress ego and empower others to share ideas and best practices and accept coaching

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites