Something learn on Online Stock Trading

Some mistakes on past few weeks online stock trading:

• Did not check for negative news on a stock before entry.
• Enter too early when the down trend has not reached the bottom.
• Not discipline to cut loss when it is time to call it a day.
• Not discipline to take profit when set target is met. Greed!
• Never monitor the market while chasing a stock.
• Too slow in doing range trading.

It is really not easy to decide when to enter and when to exit. It is all about decision making…… quick decision!

And the keyword is discipline!

Link to Stock Wealth blog