I have always wanting to find out what does it take to trade profitably. After all these years of reading, trading, investing, learning and what not, I have crystallized my experience and knowledge about trading profitably. There are many school of thoughts when it comes to this and also a lot of empty promises. I have captured the the necessary points you need to consider in this post. No fluff.
Trade or Invest?
If you want to create an income from the financial markets, then you should trade. If you want to grow your wealth, invest for the long term. You can pursue both objectives too if your capital allows. Either way, you cannot run away from the need to master your emotions. Investing is not a way for you to seek profits when you fail in trading, and vice versa. Trading is a frequent activity and with more trades done, you ...
...