To be a Trader YOU Need.. ? *LINK*
I was looking back at some of the comments I have made on this forum about what it takes to be a good trader. Number one is your ability to play POKER. That does not mean sit at a table and throw money "hoping" to draw the winning hand. A good poker player like a good trader will always be considering the risk/ reward factors, along with the strenght or weakness of his position.
Some may have listened others not.. it really does not matter.
There is something else that comes in handy when trading.. "cognitive reasoning". We all have it, but the level of reasoning may be different, and can easily the difference between a good trader or a bad trader. I think we all agree a good trader can make money using about any method, and a bad trader will lose money with the best of methods. So the good and bad is really the trader and nothing else.
I have found a simple quiz that will test your cognitive reasoning... 8 questions 4 seconds per question is only 32 seconds.. you can afford that, well maybe. I suggest you take the test, no one will be looking over your shoulder, but it is important you be truthful (to yourself).. How many trys at the quiz before you answer 100%...
No one is watching so give it a try.. the link is below.
http://www.dallasweb.com/cognitive.htm
Good Luck