How to become a successful trader??

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Many people trade, but just a few make a profit. It is no surprise that around 5-10% of all new traders become successful internet traders. Of course, this statistic is somewhat misleading since some who fail return to the trade with fresh ideas and hopes. Successful trading necessitates rigorous self-control. A trader must strictly adhere to the chosen strategy and be able to restrain emotions such as anger and over-excitement, which could result in losing trades which means losing money. The market is very unforgiving. How can one join that exclusive group of accomplished traders so that trading becomes not just a hobby but a source of income?
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