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Alias Born 10/25/2005

Re: None

Saturday, 02/02/2008 11:16:32 PM

Saturday, February 02, 2008 11:16:32 PM

Post# of 137481
I believe that successful trading is a product of acquired skill that combines a well-known set of proven rules and guidelines with the mindset it takes to follow and execute them. It all starts with the much needed unconditional support from your loved ones followed by your own personal faith that you can trade stocks successfully. Then, you need to master the psychology of this business. You must have the right attitude, you must be patient, you must be confidant, you must be disciplined. You need to know how to avoid disaster, how to keep your ego in check, how to deal with pressure, how to study appropriately and how to learn from your trading mistakes, how to be confident, how to handle slumps, and what to do with profits. You must learn how to think properly in order to give yourself an edge. Other than that, nothing to it.

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