Post
Topic
Board Trading Discussion
Re: How to Think Profitably - a Trader’s Mindset
by
lionheart78
on 08/05/2019, 12:23:56 UTC
What’s the difference between a winning trader and a losing trader? It’s not that one is smarter than the other, or that one is luckier than the other. Sure, maybe having the right tools and the best information helps,

It is because the winner is smarter.  You cannot think of educating yourself and knows the flow of trades if you are not smart enough.

Quote
smart
/smärt/
adjective
1.
INFORMAL
having or showing a quick-witted intelligence.
"if he was that smart he would never have been tricked"
synonyms:   clever, bright, intelligent, sharp, sharp-witted, quick-witted, nimble-witted, shrewd, astute, acute, apt, able; More

In trading you need quick decision, and keen observation about the fundamentals and technical of tradings. And that falls  under the definition of being smart.  If both trader is smart, the smarter would win the trade meaning faster decision, wider knowledge,  and clever ideas.  Being smart is also equipping oneself with the right tool.  So basically it is because the one is smarter than the other why he won or profit in trading.