Successful investing requires knowledge, time and commitment, discipline and patience, and the ability to develop an investment strategy that is compatible with your personality.
Knowledge
Each individual must consider what he knows when planning an investment strategy. Recognizing your current level of knowledge, and how you will acquire the additional wisdom you need, are all-important factors.
Time [...]
Posts Tagged ‘Discipline’
May 5th, 2010
Investment Basic: What does successful investing require?
Posted in Investing 
Tags: Critical Question, Discipline, Financial Strategies, Game Plan, Greed, Important Factors, Investment Plan, Investment Strategy, Investment Styles, Momentum, Nine Months, Patience, Personal Financial Success, Personality, Psychological Issues, Stock Market, Time Frames, Value Approach, Warren Buffett, Wisdom
Tags: Critical Question, Discipline, Financial Strategies, Game Plan, Greed, Important Factors, Investment Plan, Investment Strategy, Investment Styles, Momentum, Nine Months, Patience, Personal Financial Success, Personality, Psychological Issues, Stock Market, Time Frames, Value Approach, Warren Buffett, WisdomMarch 24th, 2010
How start risk-free without risking a single penny
Posted in Investing Tags: Confidence, Day Trading System, Daytrading System, Discipline, Free Paper Trading, How Much Money, Loser, Losers, Mistake, Parameters, Position Paper, Profit And Loss, Quotes, Real Time, Risk Free, Thousands Of Dollars, Trades, Trading Accounts, Virtual Money
Tags: Confidence, Day Trading System, Daytrading System, Discipline, Free Paper Trading, How Much Money, Loser, Losers, Mistake, Parameters, Position Paper, Profit And Loss, Quotes, Real Time, Risk Free, Thousands Of Dollars, Trades, Trading Accounts, Virtual MoneyYou can have the best daytrading plan but you’ll never make any money if you don’t take action and actually start trading. But how can you start without risking a single penny of your own money?
After all, you are still new to trading and don’t want to lose thousands of dollars because you made a [...]
February 7th, 2010
Developing a Successful Trading Strategy
Posted in Investing Tags: Chat Rooms, Day Trading Strategies, Discipline, Emotions, Exit Signals, Free Advice, General Idea, Greatest Weapon, Pitfalls, Prey, Roadmap, Stock Trading, Successful Trading, Technical Approaches, Trading Strategy, Unique Trading, Winning System, Worst Enemy
Tags: Chat Rooms, Day Trading Strategies, Discipline, Emotions, Exit Signals, Free Advice, General Idea, Greatest Weapon, Pitfalls, Prey, Roadmap, Stock Trading, Successful Trading, Technical Approaches, Trading Strategy, Unique Trading, Winning System, Worst EnemyAnyone who knows anything about stock trading or day trading has heard the term trading strategy. A trading strategy is a simple concept its basically the roadmap that a trader follows while trading the markets. A trading strategy is governed by a set of rules that do not deviate for anything other [...]