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5 Questions to Ask as a Stock Trader

Posted By On 12/10/2009 12:11:00 AM Under

Traders can be made and I have firm belief in the same and in that progression one must ask following questions to himself to be able to become successful in the stock market. The questions are as listed below:
What is your trading process?
How do you generate your best trade ideas?
How do you manage risk most effectively?
How do you manage positions most effectively to get the most out of trade ideas?
How do you most effectively manage yourself and your emotions during trading?
How do you prepare for market days most effectively?
How do you best review markets and trading performance for optimal learning?

If you try to ask these questions to yourself and try to get the answer to the asked questions, we do not have any doubt that you will be on the path of becoming rich from the market.
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