How does two exact stock trading strategies have different results? Part 4

Profit, Loss or Draw, always think points.

Due to your emotions playing such a significant role in your trading success, it is very important no matter what the end result of a trade is, you must think points. It so easy to get caught up in thinking, damm I have just loss $2000 in 30 minutes, there goes my mortgage.

One important rule in trading is that you should never risk money that you cannot afford to lose. Have a certain amount of training money set aside where no matter what happens after a month stock trading, you still can pay your mortgage, bills, food, all the important neccesities of your everyay life.

When starting to learn how to trade, you should see it has a university degree. You are doing a three year course with a plan to graduate and become a master trader. During this period you will cover all aspects of trading from understanding the basics of trading such as how the stock market started to having a set of rules to enter a trade and make points. You will go through trials and tribulations which is expected and lose money, this should be seen as your tuition fees.

Concentrate on accumalating points rather than money.

Ken Otalor