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Best stock trading tips which makes a successful investor

Posted By On 7/11/2008 07:39:00 PM Under
1. A remarkable method of making money from stock market is to learn from other people mistakes and also learn their good points which might have had contributed to their success.

2. A few of the common attributes of successful trader is enumerated below to emulate to make regular money making as a habit from the stock market.

(a) Prefer to stay neutral.

(b) Successful traders trade with a plan.

(C) Make it a habit to note the trade details in a diary as this journal provides self introspection mechanism.

(d) Successful traders are able to find the trading style which suits their risk taking ability.

(e) Successful traders are financial planners.

(g) Successful traders take risk as per their predetermined set ups.

(h) Successful traders welcome uncertainity as it gives them the chance to buy stocks in sale.

(j) Successful traders accept their mistakes and take responsibility for their actions.

(k) Successful traders avoid trading with borrowed money or do not live a life on margin money and thus they use risk free capital to trade.

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