There are 5 psychological factors for investing with success. These include a well-rounded personal life, a positive attitude, the motivation to make money, lack of conflict (such as psychological hang-ups about success), and the ultimate responsibility for trading results.
Most pessimists are focused on being right rather than making money. Most people don't understand what traders do and should stick to buying mutual funds and getting their market intelligence from the TV experts who tout the endless predictions of market disaster.
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