1. Wealthy traders are patient with winning trades and enormously impatient with losing trades2. Wealthy traders realize that making money is more important than being right3. Wealthy traders view technical analysis as a picture of where traders are lining up to buy and sell4. Before they enter every trade, wealthy traders know where they will exit for either a profit or loss5. Wealthy traders approach trade number five with the same conviction as the previous four losing trades6. Wealthy traders use “naked” charts7. Wealthy traders are comfortable making decisions with incomplete information8. Wealthy traders stopped trying to pick tops and bottoms long ago9. Wealthy traders don’t think of the market as “expensive” or “cheap”10. Wealthy traders are aggressive with size when they are doing well, and modest when they are not11. Wealthy traders realize the market will be open again tomorrow12. Wealthy traders never add to a losing position13. Wealthy traders judge their trading success on anything but money14. Wealthy traders read about mobs, riots, and human psychology15. Wealthy traders see themselves as market makers16. Wealthy traders practice reading the right side of a chart, not the left17. Wealthy traders have an “edge” in the market18. Wealthy traders determine position size based on risk, not round numbers19. Wealthy traders buy strong markets and sell weak markets20. Wealthy traders play the reaction, not the newsConclusion