USE A CHECKLIST TO KEEP YOUR ACTIONS IN CHECK AND DEVELOPMENT ON TRACK! THE AMOUNT OF TIME SPENT ON TRADING OUTSIDE OF TRADING HOURS IS VERY IMPORTANT. ALWAYS MANAGE RISK AND CONTINUE TO LEARN NEW ABILITIES!
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Monday, November 22, 2010
Trading Experience - Lessons Learned
My Lessons Learned posts acknowledge blog posts from around the web which illustrate exceptional ideas that are valuable to new traders. The goal is to assimilate the wisdom of the experienced, instead of learning the hard way. There is an excellent post by Dr. Brett Steenbarger from the TraderFeed blog listing the characteristics successful traders. Here are some critical lessons from the article that are noteworthy:
USE A CHECKLIST TO KEEP YOUR ACTIONS IN CHECK AND DEVELOPMENT ON TRACK! THE AMOUNT OF TIME SPENT ON TRADING OUTSIDE OF TRADING HOURS IS VERY IMPORTANT. ALWAYS MANAGE RISK AND CONTINUE TO LEARN NEW ABILITIES!
Blog Post Highlights:
USE A CHECKLIST TO KEEP YOUR ACTIONS IN CHECK AND DEVELOPMENT ON TRACK! THE AMOUNT OF TIME SPENT ON TRADING OUTSIDE OF TRADING HOURS IS VERY IMPORTANT. ALWAYS MANAGE RISK AND CONTINUE TO LEARN NEW ABILITIES!
Blog Post Highlights:
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