Are the best traders the ones that are independent? Perhaps they are those who can find and exploit an edge1? I suppose the typical answer for someone who makes a good trader is a middle or right brained person2 who is good at math, buries emotions, and doesn't get stressed. And odd combination to be sure.
1. An advantage; real, perceived or otherwise.
2. Someone who is entirely logically oriented will not find success in trading IMHO. They would seek to find an answer where there is none. People are unpredictable; tis the only predictable thing about them!
That's a great point, Nick.
ReplyDeleteIt seems a good trader understands mass psychology, but isn't ruled by his or her own.
Keep up the good work and insights!