" How To Make Money Trading Stocks: Adaptation in Trading Stocks

How to Make Money Trading Stocks

Tuesday, September 27, 2011

Adaptation in Trading Stocks

You should always adapt yourself to the changes happening in the market now. Do not wait too long to act.For example you see an opportunity. a given stock let say xyz is going up. So you decide to enter a trade.After you enetered the stock does down and does not stop going down.Now what can you do? Do you want to adapt and get out when the price hits your stop loss or wait and hope that the market will come back again?Well adaptation is you change your attitude when the market changes.There is no commitment in trading. You are not going to marry the stock. You are only here to make some money if not get out. It is not easy for a beginner to adapt. So you need patience and a lot of practice to reach that level of skill and awareness.

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