Posted by: GP December 12, 2007
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The following piece might be useful to those who want to know the components of success. I got this article from a website with the following URL: http://optionstradingdaybook.blogspot.com/2007/10/do-you-have-6-p.html .
After trading for about a year I’ve come out with my own 6 ‘P’ which I think a must have for an Options Trader:
- Passion
- Patience
- Persistence
- Perseverance
- Psychologically right
- Preservation of capital
................. "
Read the detailed article at the following URL: http://optionstradingdaybook.blogspot.com/2007/10/do-you-have-6-p.html
Unknown source: " Strategy, Patience, and Persistence leads to success"
GP: Systematic knowledge is a short circuit access to success.
If a systematic knowledge is the engine of the success, Passion (desire and motivation) and Patience are equivalent to two front wheels, and Perseverance/ Hardwork / dedication serve as steering of the vehicle. Persistance can be considered real wheels.
Last edited: 13-Dec-07 12:03 AM