A trader requires a broad range of skills, fleet reactions, objectivity, and the ability to absorb and compute a lot of information quickly.

Trading requires good and clear communication skills, and to be succinct, traders need to be highly numerate and to be able to compute in their own heads how market changes affect the positions they are running.

All traders need to be their own risk manager and to understand at any moment what their position is and whether they are making or losing money.

No one can be a successful trader on day one.

Hence, it is important to work at an organization that provides good theoretical and practical training, and then fosters a culture that enables individuals to learn on the job from their more experienced colleagues.

The organization also needs to understand the skills and risk appetite of each trader and place them in a specific and appropriate role that best matches their talents.

A successful trader is one who matures over time and learns from experience cumulative memory is valuable and enables traders to navigate periods of volatility better.

For example, inexperienced traders found the oh 8 0 9 crash and the COVID selloff in 2020, difficult to handle traders in the asset backed sector who had not experienced the financial crash.

Found the COVID episode Baffling.