Ok so I guess I will start with this..
Something I've learned is that stock trading isn't just about making money
and losing money.It is also about pattern recognition and patience knowing
When to enter and exit trades plus keeping your emotions in check. One book
I've had the pleasure of listening to was https://youtu.be/IZVkfnftPBw
Trading for a living by Dr.Alexander Elder it's 3 hour's long of a audio book
It explains a lot about the psychology of trading and how to keep your emotions
in check. One thing is when you get a good trade which I seen in the video lessons
of one of the millionaire master's program was he made $400 on a trade and he walked
away and said he was done for the day that was a very great decision. On one hand
if he would of traded his emotions could of gotten the better of him
and clouded his judgement on his next trade and he could of lost the profit
he just made so him walking away was a good choice and he was a beginner if I'm not
mistaken. This is one rule I will be sticking by. In order to be a good trade one must
have rules don't break your rules because the outcome could be catastrophic to your account. You wouldn't want to be learning to trade and then completely destroy your account by making a stupid mistake that could put you in the hole. One other rule I will following is this only trade when you find a good pattern you don't want to be randomly trading patterns and you lose money also. Learn pattern recognition and study patterns like Timothy Sykes teaches you. Another thing to remember if one trading tool works for one person it may not work for you some tools are more complicated utilize tools that you learn and are comfortable with. Just a tid bit lol