What makes a good trader 👍

  What makes a good trader Many things can be said here, but one of the most important aspects is knowing when to trade and when to sit on your hands. Just because you are a day trader or swing trader does not mean that you "need" to put on a trade every day or every week. The problem is that far too many traders can not, will not, or do not want to adapt to different market environments and have no clue how to do so. And this is where the market does the natural selection. That is why there are winners and losers, traders who make money, and traders who blow up accounts. A trader needs to identify the market environment and only trade when the opportunity is there. Here are just a few things to consider: - Identifiable trend. Being able to assess whether the market is moving in a recognizable direction. Up, down, or sideways markets can be traded, but some are just pure chop, and those are the ones you need to stay away from. - Recognizable strategy (set-up) It is as simple as it sounds; traders need to wait for a set-up that would deliver the best Risk to Reward. Therefore no set-up, no trade. - Market conditions, the state of the market, economic events, and technical elements will be considered. The worst thing you can do is ignore market timing, especially ahead of econ releases. - A tradable void that would allow price to run smoothly into targets. No Void = No Profits - price will get stuck into tough resistance or support areas. - A digestible risk in relation to your account size. Make sure you position size for your own tolerance. Hope you find these tips useful!  [Trade with us for Max Results.]( Join the #1 Futures Trading Room We are all living through challenging times, and if you are a trader... the one thing that is always on your mind is what will the market do next. - What to trade? - What indicators should I use? - What are my entry and exit signals for each trade? - How should I trail this trade? You must answer these questions successfully to avoid ending up in the same place you started. Worried about: - The amount of time it will take to be successful - Being unable to quit your job - Being able to find a system that really works and can provide for you - Staying in the game to trade another day Well, it doesn’t have to be that way. To trade like a pro, you have to think like a pro! [JOIN US]( PS... How many traders have a track record for their trades? Our Trading Room has been tracking trades since January 2017 since we have created the Futures Trading Room. And the Stock Swing Trader since 2010!!!   Success is closer than you think! Trade Happy and Risk Wisely, Anka Metcalf CEO/Founder TradeOutLoud.com   [Facebook](  [Twitter](  [Youtube](   TradeOutLoud, LLC, it's employees and/or affiliates shall under no circumstance be liable to any user, client, visitor and/or third party for any losses of any kind including but not limited to: trading losses, lost profits or other damages. All information provided by TradeOutLoud, LLC webisite, blogs, emails, social media - past, present and future) is for education purpose only. TradeOutLoud, LLC, is not a registered advisory firm.  TradeOutLoud, LLC is not responsible or liable in any way for any content delivered via any of our services, emails, website, social media, blogs, articles or any publication of any kind. Although we provide rules for user conduct and postings, we do not control and are not responsible for what users post, transmit or share on the service and are not responsible for any inaccurate, offensive, inappropriate, obscene, unlawful or otherwise objectionable content you may encounter on the service. The Company is not responsible for the conduct, whether online or offline, of any user. [CFTC Rule 4.1]( U.S. Government Required Disclaimer: Commodity Futures Trading Commission. Futures, options, stocks, etf's trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks, etf's or options. This website is intended for education purposes only. We are not registered investment advisers and in no way associated with any FINRA broker dealer. The past performance of any trading system or methodology is not necessarily indicative of future results.  Simulated Trading HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Futures, Stocks, ETF's, and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, Futures, Equities, ETF's and Options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell Forex,equities, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not indicative of future results. The past performance of any trading system or methodology is not necessarily indicative of future results. For the avoidance of any doubt, TradeOutLoud, LLC and any associated companies, or employees, do not hold themselves out as Commodity Trading Advisors (“CTAs”). 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