Note: Stock trading requires a personalized trading strategy
*A method that specifies the type and amount of patience
*Entry and exit points
*Your customized psychology plan
*Risk management program based on your personality
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Trading Rules:
AS LONG AS A STOCK IS ACTING RIGHT, AND THE MARKET IS RIGHT, DO NOT BE IN A HURRY TO TAKE PROFITS:
Don’t feel rushed to take profit on a position that is still moving in the right direction.
It is good to secure some of the profit so that you never let a profit turn into a loss. But don’t sell your whole position when the price action on your stock is still strong.
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