Online Stock Trading Tips

Paper trading is the most effective training method for a trader. If implemented with full discipline, this produces same effect as trial trading but no money involved.

Some may say, paper trading biases performance of money involved. It might be true but if implemented with full discipline, paper trading should produce the same effects as real trading.

Paper trading enables you to test your portfolio strategy before going into real trading. (more…)

(Trending chart courtesy of Wikipedia)

As a novice stock trader, I came to know these most important skills when it comes to making money with stocks:

a. Discipline
b. Risk taker
c. Decision based on facts not inferences
d. Capital
e. Patience
f. MONEY MANAGEMENT
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