Saturday, June 29, 2013

Qualities of great traders

I saw this article outlining the 5 qualities of great traders and I had to smile, especially when I got to point 5:
  1. Loss cutting
  2. Confidence
  3. No ego
  4. Consistency
  5. Student of the markets

Cam Hui is a portfolio manager at Qwest Investment Fund Management Ltd. ("Qwest"). This article is prepared by Mr. Hui as an outside business activity. As such, Qwest does not review or approve materials presented herein. The opinions and any recommendations expressed in this blog are those of the author and do not reflect the opinions or recommendations of Qwest.

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4 comments:

Candy Matheson said...

A post tailor-made just for you! Thanks for sharing. :-)

Anonymous said...

hmm

Made me smile too...


Loss cutting- Soros was down big when he took on the bank of England. If the bank hadn't blinked and let the pound devalue, he could have bust his fund.
Confidence- sure, no lack of that
No ego- Paul tudor Jones saying women could not become great traders because they didn't play games like he did
Consistency- Steve Cohen- makes 30% a year and then gets a SEC investigation for insider trading as
as billions come out of his fund
Student of the markets- you that is all of us.

Anonymous said...

Loss cutting- Soros ended up being lower large as he had taken for the lender of Britain. If the standard bank we had not blinked along with permit the lb devalue, they may have bust his or her account.

Anonymous said...

And #3 can also be stated as Humble... :)