Amateurs work very hard to get it right, Professionals work very hard to not get it wrong.
投资竞技领域和技术领域的不同之处.
There are three kinds of orders: stop order, target order(trailing stop), and 'take your profit' order, i.e. just grap what left on the table and run away, before your stop order is triggered, and things are totally turn sour.
Analyze, Analyze, Analyze
- Practice, run simulation; live trade with 100 shares.
- Capture all data: Win/Loss, Risk/Reward, Day and time, What was price/market doing.
- Keep a diary: emotinal state, how did you "feel" about the win/loss, did you focue so hard you "lost track of time"