Updated: Jan 1
This is the second article that we've written specifically for traders and speculators. One of the best ways to become a successful trader is to study successful traders and their processes. Studying successful traders isn't the only way to become a successful trader but we believe it's the fastest way to climb to the top. The following 7 lessons were learned by veteran trader, Anthony Crudele, who transitioned to electronic trading after trading in the pit.
7 Lessons From Highly Successful Traders
Operate as a business
No two traders are the same
You are your edge
Edge is more than statistical, it's mental/physical
Big, small, or not at all
9 essential instincts for successful trading (see here)
Have an unquenchable thirst for knowledge in today's electronic world
You can learn more about these lessons in the video below.