Rich Trader

3 Traits You Need As A Successful Trader

3 Traits You Need As A Successful Trader

Trading successfully requires certain traits. When examining top traders, essential qualities emerge. Based on insights from the wealthy and successful traders featured in the books by experts like Jack D. Schwager and Michael Covel, this post will cover three indispensable traits for trading excellence: discipline, risk management, and continuous learning. For those seeking trading mastery, […]

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Ten Powerful Psychological Traits of the Rich Trader

  Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers have shared through interviews and books that may help traders who are making mental mistakes in their trading. Ten Powerful Psychological Traits of the Rich Trader They have the ability to admit

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The Rich Dad, Poor Dad of Trading Books?

New Trader, Rich Trader has been called “The Rich Dad, Poor Dad of trading books”. I wrote this book after reading hundreds of books on trading and reviewing them all on Amazon. The purpose of this book was to combine the universal principles used by successful Rich Traders into one book. This book was given

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Rich Trader’s 18 Principles for Trading Success

Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.

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The best pieces of trading advice

Here is some great trading advice I have gathered around the web. These were either answers from real traders to the question “What is the best trading advice you ever received?” Or it was advice given be successful traders when asked “What one piece of advice would you give to traders?”  There are some gems

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