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 Steve Spencer from the SMB Capital blog discussing the stages of successful trading.  Here are some critical lessons from the article that are noteworthy:

FOCUS, PREPARATION, CONSTANT POTENTIAL RE-EVALUATION, AND A DETAILED TRADING PLAN ARE ESSENTIAL FOR BECOMING A SUCCESSFUL TRADER!

Blog Post Highlights: