Lessons From Expert Traders

The tactics, behaviour and mindset that can be learned from the world's most successful financial traders

I’ve got to stick to your own rules, even if they make me look stupid sometimes. That’s the fact for survival. Irrespective of some negativity that may come my way in a month or, even on a quarterly basis, I know I’d be triumphant in the end. Any temporary negativity I may be experiencing right now has little or no effect on this fact. My expertise is measured by my faithfulness to my trading ideas. That’s the most important factor. If I follow my rules, then I’m making progress, but if I breach my rules, I need to go for psychological help. This has nothing to do with whether there is an ongoing positivity or negativity. 

The game of speculation usually entails emotional hurdles to overcome. Going against the herd mentality can’t be over-emphasized. Speculating triumphantly needs self-awareness and the knowledge of how the markets work and positive expectancy systems. There is negativity now and then in trading; yet positive expectancy systems have enabled expert traders to enjoy everlasting success in the markets, whereas majority of traders cannot achieve this.

Following on from a popular blog on ADVFN.com, in Lessons From Expert Traders Azeez Mustapha brings you concise and digestible lessons from 20 of the world's most successful traders.

By learning what these super traders did well, what techniques and attitudes drove them towards success, and the mistakes that they have made, you can take a step forward in your own trading.

For each personality profiled here, the author includes a short biography, the primary lessons that can be learnt from this trader's career, and words of wisdom from the traders themselves.

Traders featured include: Alexander Elder, Benjamin Graham, Anton Kreil, Jesse Livermore, Adrian Manz and Lex van Dam, etc.

Approach your trading by first discovering how the most successful people in the field have operated - you are sure to pick up some invaluable lessons to improve your method.

Here are the ground-breaking lessons from expert traders: http://www.harriman-house.com/experttraders