New Year Resolutions For A Trader

Happy New Year to all

Have a Risk Management Plan: how much can I afford to loose in a trade? A month? I stop trading if I go over the limit in a month.

Learn a trading strategy: without learning, no one can earn.

Get comfortable with loosers: small loosers and big winners make you big money. Loosing trades are part of the business. Just like tax, no trader can avoid it.
I sometimes let loosers run. They wipe out my profit.

Impulsive trading: when emotion is high, the mind is cloudy. Walk away if I feel abnormal(fear,nervous,excited,etc).

Become a better trader: Make a firm decision to improve your trading. Then, figure out how to do it.

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