Saturday, June 16, 2012

Some points fitting to Trader

  1. Do not carry position overnight out of speculation, because you are neither gambler nor investor
  2. A trader's job is to judge the market in hand, trade accordingly, accept the outcome and sleep well
  3. Don't go into analysis paralysis, you will only get confused
  4. Book profit continuously
  5. Trend is your friend
  6. Do not average out losing position
  7. Always set target, preferably two target and one stoploss keep your finance healthy, wealthy and wise

No comments:

Post a Comment