A friend of mine embarked on trading without a proper mentorship and lost all his assets.
So I want to ask? What are the criteria’s to become a good trader?
First, patient is one of the tool you will embrace to become a good trader in the market, it is very difficult to see those traders that exercise patient to trade when there is no opportunity for income earning, than to wait for the price to turn in a way they will believe it is time to earn income before they will trade. Secondly, Have knowledge of trading, when you study to acquire the knowledge of trading, it will make you a good trader that will enjoy the benefit of other professional traders are enjoying when they trade in the right time. Thirdly, Stay long with the strategy that is making you profitable in trading, once you decide to continue using the strategy that is bring income to you, you will definitely become a good trader other newbies will like to follow your direction. Fourthly, don't use what you can't afford to lose in trading, once you have the capacity to trade without using what you cannot afford to lose in trading, you will definitely become a good trader that will be successful in the future.