Last edited by Moderator; 05-18-2016 at 12:24 PM.
Great post. Thanks.
in fact, everyone will have their own moments, which, if you figure it out, you can improve your trader status
Very valid points. I also think that the most important underlying principle should be to have a trading plan that can include one or more strategies to use. You also need to have a good idea of the level of risks you are able to take on and manage to handle. As a trader you also need to be aware of your strengths and weaknesses, as well as your particular tendencies, which might influence your decisions.
A plan would be a nice idea, but it should be in constant practice and not just for a day or so.
The first point is the most important for me. If you don't have time to trade, don't trade. Let it be a daily chart, however, you need to devote time for analysis. Time is an important point in trading.