7 things you never hear from successful trader

1) “Never close unprofitable positions” – Losses are inevitable part of trading. Successful traders are aware of that loss, as may happen profits and lead to reset the account.

2) “Money management-and is not important” – Choosing what risk is borne of a transaction is the basis for long-term success.

3) “I can predict short-term movements with 90% success rate” – Be sure that this can not be possible, and even the most talented traders make less than 70% most successful transactions.

4) “strategy by which trade is successful in all market conditions” – There are only two ways to achieve success in trading. The first is to use a strategy that makes a little more money in market conditions or a lot of money in less market conditions. The second is to use your own strategy and interpretation markets, but rest assured that magic formula bearing money every day without loss – no!

5) “You need to be constantly on the market” – Example of a period in which it is advisable to not be a period of crisis, when the market is extremely unpredictable and constant trade is very dangerous. Taking a break also helps to relax and be much more useful in the future.

6) “I bet everything on this transaction” – Jesse Livermore, considered one of the most successful traders of all time, he did not once. But the fact is that several times he went bankrupt. Those who gambled everything to the end of his life were rich does not make them successful traders makes them just lucky.

7) “I have learned everything that can be learned for Trading” – This besides being arrogant is stagnatic. Even if you know everything you need, there is always something to stimulate your brain and be helpful. Never, you will not hear it from real successful trader!