In order to be a successful trader, you must have certain traits that will allow you to make smart and informed decisions. Discipline, mental fortitude, and trading acumen are some of the most important traits a trader can possess. Discipline is key when it comes to trading. You need to be able to stick to your strategy even when things get tough. This means avoiding temptation and not letting emotions cloud your judgement. Mental fortitude is also essential for traders. They need to be able to bounce back from setbacks and trade days that don't go their way. This requires having a positive outlook and being willing to learn from past mistakes. Last but not least, trading acumen can be developed through knowledge and experience. The more you know about the markets, the better equipped you'll be to make sound decisions while trading. Practice makes perfect, so start by trading on a stock market simulator before investing in real life.