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:
NO TRADING RULES WILL DELIVER A PROFIT 100 PERCENT OF THE TIME:
There is no garantue in the stock market. All you need to be looking for is to be profitable.
Accept the fact that you’ll never be right 100% of the time. Accept that you’re going to need to take losses.
Focus on the long term profitability of your trades.
Even with a winning percentage of less than 50% you can be profitable in the long term. Most of this has to do with your risk and money management.
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