Note: Stock trading requires a personalized trading strategy
*A method that specifies the type and amount of patience
*Entry and exit points
*Your customized psychology plan
*Risk management program based on your personality
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Trading Rules:
BIG MOVEMENTS TAKE TIME TO DEVELOP:
Although the best trades show a profit right from the start, the really big movements take time to develop.
Mainly because the big trading institutions on the stock market can’t take a position within a day. Or even a couple of days or weeks.
Sometimes it takes months for them to take the position they want. And all that time the stock is moving in that direction.
When a stock is acting right you have to be patient and let it ride until it there are reasons to exit your trade.
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