The Most Important Things I Know About Stock Trading
Posted on July 3, 2007
Filed Under Trading General, Stock Market |
I started trading stocks about 10 years ago. In that time, I made millions of dollars. But it wasn’t easy when I first started out. I lost a lot of money by following a steep learning curve. What follows are some of the most important tips I can tell you about how to make money trading stocks.
90% of Success in Stock Trading is Mental
Anybody can buy books on stock trading and learn exactly how the pros make money trading stocks. The strategies aren’t secret. However, the difference between pros and amateurs is that pros have their head in the game, and amateurs trade stocks the same way they do everything else -with their emotions and not their head. If you want to have any hope of being successful trading stocks you need to learn to master your psychology. If you don’t even understand what this means, then you better stop trading stocks right now until you figure it out.
Tags: Trading General, Stock Market
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