Received 1 Karma
esfuturestrader
1
esfuturestrader Mar 02, 17 1:00 PM

5. Master your emotions, greed and fear! When you see your stocks rise you'll have visions of buying a million dollar home with that $300 you just made. Or, you'll start measuring boxes to see which ones you can live in comfortably after losing $1000. Seriously, you are your own worst enemy. Be aware of that and condition yourself to be as impartial as possible about a trade.

esfuturestrader
1
esfuturestrader Mar 02, 17 1:00 PM

6. Money management. Learn about stops and % of risk you're willing to take on each trade.

alixc83
alixc83 Mar 02, 17 2:25 PM

Thanks a lot. its very helpful. I just started thinkandswim account. I will start paper trading

esfuturestrader
esfuturestrader Mar 02, 17 4:30 PM

Great. Let me know if you have any more questions

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