1) Have one or two trading strategy. Not too much.
2) Patience. Start with virtual trading first.
3) Perseverance.
4) Knowledge accumulation through experience in trading.
5) Pre-Planning.
Know your, Max Risk, Max Reward, Breakeven points, Entry point, Exit point on profit taking or cut losses. Use Risk Profile Chart.
6) Discipline. Do pre-plan and stick to it. Be mechanical in trading. No emotions.
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