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How to be a great trader – Monday’s update…

Put aside 13 minutes to watch this video. Before heading off on his holidays, Charlie gives an overview of what it takes to be a great trader plus gives some book recommendations. Some of his thoughts may surprise you but as always we welcome your feedback….

7 Comments

  1. Mike Parsons-Reply
    July 20, 2015 at 10:20 am

    Charlie,

    Great update, you are so right about mind-set. If we traders think we have a problem with mind-set, I wonder how surgeons cope? They have their ‘bad’ days which can unfortunately result in losing a patient and yet they know that will happen and that they have to bounce back and remain confident in what they are doing as they know that in the long term they will have overall success. Must be incredibly hard to do.

    How Between the Dog and Wolf is a fantastic read.

    Thanks for the update.

    • Mike Parsons-Reply
      July 20, 2015 at 10:20 am

      Oh yes, have a fantastic holiday.

  2. Kevin-Reply
    July 20, 2015 at 12:18 pm

    Hi Charlie – thanks for this, I’m eight months in now to trading and I’ve heard you talk about this a lot. Now I’ve had that experience it really does mean something, just quickly reflecting on myself, the control I have now is chalk and cheese to where I started, how I didn’t blow my account I don’t know. I’m probably a lot more reluctant to trade, just for the sake of it now, which i guess is a good thing but a bit more boring!

    I really enjoyed the chimp book, I read before I started trading, it’s amazing how the excitement and chance to make millions in trading make you completely ignore everything I’d read!

    Have a great holiday
    Kevin

  3. Alexander Marr-Reply
    July 20, 2015 at 12:34 pm

    Superb vid, really usefull and bang on the button. I’m practicing trading with demo accounts and it’s these videos that inspire most to keep trying. Great stuff 🙂

  4. James-Reply
    July 20, 2015 at 1:00 pm

    Hi Charlie,

    09:07 – “They are the excuses that I use to trade in line with the analysis that I’ve already done”.

    That was just beautiful! 🙂 I feel that this is such an important point that takes so many traders so long to grasp because many vendors focus on selling the “holy grail”.

    “The excuses”- love it!!

  5. Keith M-Reply
    July 21, 2015 at 1:46 am

    Maveick in Top Gun? Great movie as I remeber but showing the age a bit there Charlie.:)
    Great presentation by the way.

  6. jet-Reply
    August 5, 2015 at 7:52 am

    newbie to all of this and just happen to bump into this stuff with Charlie.

    sounds authentic,

    good stuff

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