What is your knowledge of yourself?

Traders fail most often because they have no control over their emotions. If most people did the exact opposite of what their emotions were telling them to do then they'd come out on top.

Does risking any amount of money make you nervous? Most people play right into the hands of the people who conquered their emotions long ago. They're depending on you to buy at the peaks they create and then sell back to them when things are looking their worst.

Think through how you've reacted to stress in the past and then decide whether trading is something that you'll be successful at.