Take it from the person who won the United States Trading Championship with
profits of more than 440% in 1984 – there are five things that every successful
trader needs to know how to do:
- Have a method to trade.
- Have the discipline to follow your method.
- Get real trading experience, instead of only trading on paper.
- Have the mental fortitude to accept the fact that losses are part of the
game.- Have the mental fortitude to accept huge gains.
Robert Prechter, Chartered Market Technician, is the world’s foremost
expert on and proponent of the deflationary scenario. Prechter is the founder
and CEO of Elliott Wave International, author of Wall Street best-sellers
Conquer the Crash and Elliott
Wave Principle and editor of The
Elliott Wave Theorist monthly market letter since 1979.
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