Very fast we have discussed 6 habits of highly effective trader so far, we will now look at 6th habit, “Synergize“.
After picking up the trading or investment skills and knowledge, it is important that we discuss with friends or like minded people about the experience we have gone through.
Why is it important?
Stock market is formed by a group of people from all works of life. Everyone is different and therefore everyone view the market differently. It is important we hear from others their trading goal, their trading plan, how they deal with market emotion, or even what is the best books to read for new knowledge.
“If you want to be successful, you must network with people who are successful”, I am sure you have heard about this. We must share and work with other like minded people.
That’s the power of a TEAM, Together Everyone Achieve More, so, constantly joining, sharing and benchmarking with each other will speed up our learning curve and make us a more effective trader or investor sooner and faster.
7 Habits of a Highly Effective Trader
- Be Proactive
- Begin with End in Mind
- First Thing First
- Think Win Win
- First Seek to Understand
- Synergize
- Sharpen The Saw
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