I do not consider myself an experienced trader, but I am constantly learning and improving my skills. To do this, I constantly listen to various lectures from really successful market experts with sky-high checks in their wallets and fast supercars in their garages.

I am mostly interested in WEB 3.0 development and have an analytical mindset. That's why I don't just listen to lectures, but also constantly make notes and compare things. So now I have enough data to share with you the three most common statements from professional traders.

The best skill of a trader is the ability to accurately identify a trend. If you know the direction of the price movement, you will never lose money, but only make money. In words, it's very simple: an uptrend is when each price minimum and maximum is higher than the previous one. A downtrend is when each minimum and maximum price is lower than the previous one. But in practice, it takes a lot of practice and a little talent;

There is no single best system. Many interesting solutions, services and methods have been invented today. Each of them is potentially capable of bringing millions to its user. But the main question is not for the system, but rather for the user: if the solution suits him, he will be successful. But definitely not the other way around;

Patience is a trader's good ally. Almost all the speakers spoke in different words about this important human quality. The ability to wait for the best price level and competently close the deal belongs only to professionals. Do not rush, do not slow down where it is not necessary, but rather calmly wait for the best moment.

And what do you say? Is it possible to be successful with only these generalized statements and what else do you think a successful trader needs? Please write in the comments.