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Day Trading Successful Keys |day trading success mantra

Posted By On 4/24/2009 06:03:00 PM Under

Following are the keys to successful day trading which one must keep in mind and if require jot down for the benefit of all.
(a) Stock market is an ever-changing entity and thus one has to be on the toes. One should be able to adjust as per the environment.
(b) Stock market has its gates open to riches every day.
(c) Mkt is a more or less a reflection of people's ideas and attitudes.
(d) History repeats itself in mkt as we tend to repeat actions in our life as such as preferring to brush our teeth at a certain time of day or making sure we try to catch the Thursday night prime time television shows. Thus one will see that habits are also reflected in stock market. This is the reason why one should trade with technical analysis as it helps one to trade in a disciplined manner. However Tech analysis is not always correct and one can say that its accuracy is more than 90%.

2. Thus be disciplined in life and go through all the tips for day trading and you are bound to be successful.

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