Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.

Remember, your goal is to trade well, not to trade often.

To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking.

The markets are unforgiving, and emotional trading always results in losses.

The goal of a successful trader is to make the best trades. Money is secondary.

Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.

Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.