Critical Skills for Trading in Stock Market
Whether you are day trader, positional trader or swing trader ,there
are fundamental skills that each trader should master. Skill-building
activities will help you sharpen your ability to make money and cash in
on critical market movements.
1. Never ever go for perfect trade but focus on consistency
Consistent profits are achieved from winning more than you lose – not winning every single trade.There are plenty of professional traders who generate profits by winning just 10% of their trades by maximizing gains and minimizing their losses.
2. Stick to a Trading Plan/ Trading Strategy
Developing a trading plan is extremely important.Day trading around your own set plan for each position will produce consistent profits. A trading plan planner should be your
Continue Reading
1. Never ever go for perfect trade but focus on consistency
Consistent profits are achieved from winning more than you lose – not winning every single trade.There are plenty of professional traders who generate profits by winning just 10% of their trades by maximizing gains and minimizing their losses.
2. Stick to a Trading Plan/ Trading Strategy
Developing a trading plan is extremely important.Day trading around your own set plan for each position will produce consistent profits. A trading plan planner should be your
posted by Bramesh at
4:54 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home