Saturday, July 31, 2010
The next thing is booking profits early. Even though it is not as evil as running the loss, it too have the same financial disaster. If you couldn’t make big profits in the long run, then what is the use of trading in the markets, that too with big risk associated with it.
Be a trader who book loss early and allow to run your profits. As legendary trader Jesse Livermore said ‘ Sitting right and sitting tight ‘ will give good profits in the long run
Posted by Rajkumar R at 12:57 AM
Labels: stock trading, trading stock a mental game, What skill is really needed for a trader in stocks