Here is what you need to do to become a successful trader. Only trade when you are 100% sure. Maintain emotional objectivity by sizing your positions according to your comfort level, which must be developed over time. Disciplined money management is more important than high accuracy rates. Develop a plan that fits your personality and trading style, then stick to it. Avoid too much technical complexity in the beginning. Learn to trade with the basic indicators, then introduce more gradually, allowing you to maintain focus of the bigger perspective. Do not rush the process. Make your mistakes on paper, not with real money. Learn to balance both the technical and fundamental. Don't just look at what one guru is doing out there, but broaden your horizon with input from many sources.