Additionally, life in general requires involvement and interrelating with other people, while trading is a more solitary endeavor. Here is my list of successful habits for traders. Understand the true realities of the markets. Understand how money is made and what is possible. The markets are what is called chaotic systems.
Chaos theory is the mathematics of analyzing such non-linear, dynamic systems.
According to Edgar Peters, author of Chaos and Order in The Capital Markets , mathematicians have conclusively shown the to be non-linear, dynamic systems. Among other things chaotic systems can produce results that look random, but are not. A chaotic market is not efficient, and long-term forecasting is impossible. Market price movement is highly random with a trend component. Unsuccessful and frustrated commodity traders want to believe there is an order to the markets.