One must undertake trading in market after understanding completely about the same and one should not forget the financial planning as all these aspects are like three legs of a stool where one removes one leg and one will fall together with the person who sits on it.One can find out if one falls in the category of the losers as they try to build a stool with only one leg, or two at the most and they are generally running for the trading systems. Remember that a winner requires three essential components of trading and it involves a sound individual psychology, a logical trading system and a good money management.
To be successful in stock market, one must make sure that one is trading with a clear set of rules and one has to analyze the manner in which one is feeling while trading. Make sure that your investment decisions are rational in approach. Hope this writeup brings the best in you as a trader.
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