1. Do not be
greedy, set a profit or loss margin before entering a trade. |
2. Find out some
consistantly and profitable trading strategies before trade. |
3. Increase
self-confidence, do not hesitate during making a decision. |
4. Conclude the
trading strategies that fulfilled your personality and risk profile. |
5. Reduce
"emotional" trading decisions, must have a rational judgement. |
6. Know the
probability of profit before entering a trade and elimate strategies that are not
profitable. |
7. Take the
advantage of new opportunities much faster and the profit will be maximized. |
8. Take control of
your trading and never have to rely on anyone else or "tips". |
9. Effectively
trade on different types of security, avoid to invest all the money in one type of
security. |
10. Nothing is to
be free in share market, analyse thoroughly before making any trading decision. |
|