EDUCATION

To be a top performer in trading, you must have a basic foundation of knowledge of the markets and a thorough understanding of trading techniques and methodology. Beyond that, you need an education in the psychology of the markets and must have the discipline necessary to stick to your business plan and your criteria for entering and exiting trades. The more education you have in trading, the more prepared you will be to adapt to the inevitable changes that occur in the markets and stay the course for a long trading career.

Over the years, I have found that a trader will be more likely to add the intuitive/discretionary indicator that is necessary to become a master trader if he has more education.

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