Monday, December 26, 2011

Novice Tips for Stocks

  1. Don't trade with money you can't afford to lose - plan your trades and stick to it
  2. Don't let fear and greed take control
  3. Belief - believe in yourself
  4. Find a reason NOT to trade - be a defensive trader
  5. Cut lost early, let gains run - take consistent loses while inconsistent gains
  6. Learn from losses



Tips learnt from
Secret Psychology of Millionaire Traders by Conrad Alvin Lim

No comments: