1. Create a trading plan and stick to it. You must have reasons for the transaction, stop loss and take profit prices even before, how your order will be executed. Discipline is key to success.
2. You must learn to quickly adapt to change.. If Your Selling Idea Doesn't Work, think about a purchase idea. Don't be stubborn. The market can change quickly and you must be ready to change with it.
3. Don't get too close to a specific deal. Если идеи не сработали и Вы lost money in shares, do not try to recoup a loss in the same promotion. And vice versa, if you made money in shares, не думайте, что эта stock будет всегда Вам давать деньги. Just trade, according to your trading plan.
4. Не пытайтесь поймать разворот lowAnd high. A trend is a friend and when you find it, follow it. Eliminate bias, the market does not hear you, he himself will make it clear, what will be his next step.
5. Losses are an integral part of trading. Будьте готовы to them psychologically. Limit your losses and take breaks, when you see fit.
6. Don't overcomplicate simple ideas, who work.
7. Stay Confident and Positive. If you are developing in the wrong direction, don't be afraid to take a step back and reconsider. If you need help from colleagues, do not hesitate to contact them.
8. Be consistent with your trading plan and position sizing. Do not make a profitable trade on 300 shares and a losing trade on 1000 Shares. Manage position volume based on your trading plan.
9. Stick to your trading style, prepare for the market. Если Вам нравится set–up, look for it - as long as it works or is not unprofitable. If it stopped working, check it from time to time.
10. Exit a losing position. Do not carry your stop, otherwise you will lose more. Small losses are part of the trade, while big losses kill the bill.
11. Know how to admit your mistakes and then move on.. Don't waste time on ideas, which don't work.
12. Give your idea time. If you believe in the idea, let her reach the goal, according to your plan.
13. Don't lose as much in one trade, how much did you earn in a few. If you are not sure about ideas, fix the profit.
14. Big money is made with big moves. Try to catch most of the movement.
15. Get out of the deal, according to your trading plan and idea. Если Вы приверженец swingTrade, then don't go out on impulses. If you are a fan of quick deals, не будьте жадными. If you are trading slow stocks, будьте терпеливы. Act accordingly.
16. Don't turn a good profit in the morning into a losing day. If you have lost money in the morning, and then they were able to return to zero or a small profit at the end of the day - consider this a victory.
17. Stick to a trading plan, regardless of whether you earn or lose. Losses weigh on traders, and they start acting carefree. When you earn, try to stick to that strategy, которая приносит прибыль.
18. Торгуйте акции in–play. Don't trade for that, to make a deal. Volumes are a friend of a trader.
19. Exit losing trades quickly and focus on winning ones.
20. Trust yourself. You will always make more money trading your strategy, than someone else's.
Based on the: http://www.t3live.com/
