A GOOD Trader WILL:
1. Always wait for the setup: No Setup-NO Trade.
2. Knows that winning trades work almost right away.
3. Never takes a big loss. Sell it and start over.
4. Takes small loses regularly. Winners will come.
5. Lets the stock keep working until it does NOT!
6. Is eager to sell a loser, NOT a winner!
7. Buys pullbacks/patterns on the strongest stocks.
8. Will always trade small so he is not emotional.
9. Takes responsibility for his own trades.
Very true and concrete rules outlined by The Art of Trading