Infographic: Trader’s matrix

Web AdminInfographic

There are five pieces to the traders puzzle and we need all five to be successful.

  • We need goals for our trading. Real goals, not pie in the sky ‘get rich double quick’.
  • We need discipline, rigid discipline to our system / strategy.
  • We need risk management. Stop loss, position size and rigid adherence to the stops.
  • We need resources. Enough cash to trade, broker, computer, internet and time.
  • We need a system. Something that tells us when to buy, sell, exit or stay out.

TRADERS_MATRIX

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