š Profiting from a trade DOESNāT make you a great trader.
Luck in the market exists.
A truly great trader possesses these 3 simple traits:
1. Can easily spot a High-Probability trades.
With a well-defined edge.
Which gives them a statistical probability of a trade idea playing out.
2. Understand a High-Probability does not equal certainty.
No matter how "good" a trade looks like, nothing is 100% certain in the markets.
Great traders accept the outcome of each trade & simply execute the trade.
And they execute the trade by...
3. Managing risk flawlessly.
The best traders are the best risk managers.
Their #1 priority is capital preservation.
They do not fear being wrong, because their trades are always with calculated risk.
Understand this.