If an individual is contemplating to enter in the stock market than one must undertake paper trading as it provides an individual with time to analyze the trades and it helps one get startling revelations and one will realize that all those trades will have one or other thing in common.
By using this strategy one will be able to eliminate those mistakes, which helps an individual to turn losses into profits.
Remember to keep a detailed journal of your trades and it helps one get an answer to the trading decisions like that why an individual entered into that trade and one can understand the place where one need to put the stop loss. It gives an objective analysis and one is on to the path of becoming a trader who will turn losses inot profit.
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