Traits of behavior patterns that super traders have in common a talk by Jack Schwager
* Trade in line with personality. * Have an edge. * Are real hard workers. * Trade effortlessly. Zen like quality. * Importance of risk control / money management. Know where to get out before getting in the market. * Discipline * Independence * Losing is part of the game. Never bothers them to lose because they make it all right back. * Win the game before they start. 4 types of trades: wining/losing, good/bad. * Patience. Wall Street fool who thinks he has to trade all the time. Trade like a cheetah. Importance of sitting. Jesse Livermore: It was never my thinking that made me the money, it was my sitting. Allow good trades to reach their fruition. * Disloyal. Lack of loyalty to one's position. * People are so badly tuned to trading that they do worse than random trading, because people do what is comfortable to them. Good traders do what is uncomfortable. * Love what they do. Game analogy: 3 dimensional chess, 1000 piece puzzle, treasure hunt.