September 23, 2010

QUESTION YOURSELF BEFORE ENTERING THE TRADE



Ask these questions:
* What annual rate of return do I want?
* Do I want to trade full time, part time, hardly any time?
* Can I handle the stress of day trading and short term trading?
* Do I have the patience for long term trading?
* What kind of personality am I? Do I need lots of action, Do I need
to make decisions all the time?
* What trading books have i read and which top traders do I most admire
and why? Could you easily copy their style of trading?

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