Stock Trader Should Update a Trading Record

The advantages of constantly updating and regularly reviewing a stock trading record, which contains detailed information on the stock market trading activities of a stock market trader, can never be underestimated. A stock trading record is the single most important tool of an individual stock trader.



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Stock Trader Needs to Clear Clutter

Often the stock market trader accumulates lot of trading clutter as he/she trades multiple times, both mental clutter and physical/portfolio clutter. It is very much needed to clear this clutter from both portfolio and also mind to avoid obstacles in stock market trading early on.



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Stock Trader Should Use Simple Tools

These days there are so many tools developed for stock market trading that it has become a huge task on the part of a stock trader to work out his trades. But the fact is that a trader does not need all complicated tools invented so far, few simple tools, that are time-tested, are enough for successful stock trading.



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Stock Trader Needs Dispassionate Study

A stock market trader should do dispassionate study of stock market movements and the business or investment news in the economy associated with these movements. Most of the wrong moves or investment or trading decisions that a stock trader makes are because his/her stock market trading analysis is not by dispassionate study but biased by emotions.



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Stock Trader Needs Strategy or Plan

Often the most important reason why some stock trader remains novice even after years of stock market trading is because the trader does not learn the importance of a strategy or plan in his/her trading activities. A strategy or plan is very much needed like the planning in your purposeful life guiding you towards your life goal.



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Stock Trader Needs Discipline

A stock trader who trades full time or part time needs discipline in his/her trading much like he/she does in their full time profession. Stock market trading is fraught with risks but it can be tackled easily like any other profession if a trader shows discipline in trading activities in the stock market.



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You Cant Afford Not to Trade Stocks

With globalization affecting all aspects of our lives and businesses, it is imperative to look beyond our business not only to grow but even to survive. Stock market trading is not a luxury of few anymore. You can’t afford not to trade stocks anymore.



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What Can You Infer From Small Sticks of a Candle-stick Chart?

For an impatient stock trader, it is a dying situation to see shares not making moves in any conclusive direction or trading under narrow ranges everyday. It is a test of patience for any trader. These narrow range trading days show up as small sticks on a candle-stick chart of that particular stock.



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Simplest Candlestick Chart Patterns Used in Technical Analysis by Most Profitable Short Term Stock Traders

All the beauty of profitable stock trading is revealed when you look at the visually appealing candlestick chart of a stock. Regardless of the time period (years, months, weeks, days to minutes) candle-stick charts have two simplest patterns that indicate high probability of the stock making a move up or down. Follow these in your technical analysis to become the most profitable stock trader. Repeat title: "Simplest Candlestick Chart Patterns Used in Technical Analysis by Most Profitable Short Term Stock Traders".



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Simplest Candlestick Chart Patterns Used in Technical Analysis by Most Profitable Short Term Stock Traders: Part 2

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