The Three M’s of a Successful Trader

This philosophy is adapted from my teacher , Dr Alexander Elder who is the author of Trading for a living.

Successful trading depends on the 3 M’s – Mind, Method and Money Management.

Mind – It prepares and sets you in the correct ‘mode’ for trading and managing your trade.

Method – Your self-analysis and reasons to put on a trade.

Money Management – Refers to how you manage your trading capital.