5 Most Critical Needs for Investing and Trading Profits
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1. Have the right psychology
This is the hardest part of investing. Ask any experienced trader and they will tell you. People always sabotage themselves
2. Risk management
Manage your risk or it will manage you.
3. Techniques for analyzing a market
Most people don't do fundamental analysis anymore but it can greatly increase your profits
4. Techniques for entry and exit of your positions
Here is where technical analysis comes in to make sure you are optimizing your entry and, more importantly, your exits from positions.
5. How to pyramid your positions
You want to add to winning positions. This is called pyramiding. Another place where technical analysis comes in.
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