Friday, April 30, 2010

Secrets of Millionaire Traders

Tricks, tips and rules from interviews with Millionaire Traders. A very small percentage of all traders are successful, yet some traders accumulate more than $1 million in trading profits in a single year. What do the successful traders do differently? Searching for the answer to this question is what prompted interviews with several millionaire traders. Some of the rules that millionaires use are familiar to all traders while others may be contrary to the common beliefs. "The most important factor is not what set of rules you use, but your discipline", noted one of the traders interviewed. These are the rules that were identified from the interviews with the millionaires.

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