The most important factor in successful trading

[Logical Trader]

Well, I think sound knowledge of stock market is the most important factor in successful trading.

 

[Simple.Trader]

Experience.

Mechanical System (Means proper entry SL and Exit rules)

Money Management

Position Sizing (Part of Money Management)

These are most important thing for successful trading.

 

[Kazil]

The most important factor for successful trading for me is a positive approach to trading activity. Actually, it really matters a lot because the energy which you have directly depends on your mood. If you have a bad mood then you'd better stay away from trading activity this day in order not to worsen the situation. You always should wake up and setup your mood correctly, in a positive way. You have to repeat to yourself that today will be a good day and you will earn lots of money. Moreover such approach helps you to remain emotionally stable despite all the unpleasant situations.