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5 Pearls of Wisdom to Become Successful Trader

Posted By On 7/30/2009 06:32:00 AM Under

There is definitely no dearth of the pearls of wisdom for the day traders but the below 5 tips will definitley help an individual to make a mark as a day trader as well as an investor. The same are as appended below:
(a) Book profits when ever it is reasonable.
(b) Apply strict STOP LOSS /trailing stop loss.
(c) Be with the trend. Avoid trading if trend is not clear.
(d) Do not marry any stock or time the market.
(e) Do not trade with greed or fear.
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