American Association of Individual Investors

American Association of Individual Investors

Seven Keys to Successful Trading and Active Investing

How to steer clear of the basic errors and pitfalls that have led many traders and active investors to fail.

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Raymond Rondeau
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AAII
Nov 25, 2025
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Raymond Rondeau leads a class in AAII’s new Essential Investing Video Course. Go to https://www.aaii.com/ves for more information and to subscribe.

  • The traits and philosophies of successful traders and investors drawn from 20+ years of professional experience

  • How to build discipline, adapt to evolving markets, leverage technology and synergize trading strategies for better results

  • Importance of mindset, continuous learning and belief in success as foundations for long-term trading performance

So, you want to become a successful—or more successful—trader or active investor. The most logical path forward is to learn from those who’ve achieved consistent success before you and to steer clear of the errors and pitfalls that have led so many to fail. In this article, I explore seven key ideas that highlight the approaches, traits and philosophies of successful traders.

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