Successful Habits of Successful Investors or Traders HARD WIRED TO WIN Successful Habits of Successful Investors or Traders
USE A SYSTEM ELIMINATE AS MUCH WORK AS POSSIBLE AUTOMATE FUNDAMENTALS, TECHNICALS RECEIVE TIMELY AND ACCURATE ALERTS THAT TRIGGER BUY/SELL DECISIONS NO EMOTIONS INVOLVED
DO YOUR DUE DILIGENCE CHECK FOR THE LATEST NEWS ON THE STOCK CHECK FOR DIVIDEND AND EARNINGS DATES CHECK LATEST ANALYST TARGETS, UP OR DOWNGRADES CHECK THAT PORTFOLIO MANAGERS ARE BUYING CHECK ANY PORTFOLIO MANAGERS THAT ARE SELLING. BUY/SELL DECISION CONFIRMED, YOUR CHOICE IS TO ACT
PLAN THE WHOLE TRIP PILOT FILES A FLIGHT PLAN, TAKEOFF, PATH, LANDING TRADER PLANS ENTRY, PRICE MOVEMENT, EXIT INVESTOR PLANS ENTRY, EXIT TRIGGER, TARGETED GAIN THEY DON’T GET INTO A POSITION WITHOUT AN EXIT PLAN THEY STICK TO THEIR PLANS, OR EXIT ON ANY BAD NEWS SUCCESSFUL TAKEOFF, TRIP AND LANDING
STICK TO YOUR BUY DISCIPLINE SYSTEM CREATED BUYS MUST FIT YOUR BUY DISCIPLINE LARGE CAP, SMALL CAP, MID CAP, MULTI-CAP VALUE, GROWTH, VALUE & GROWTH, DIVIDENDS FUNDAMENTAL BUY DISCIPLINE, UNDERVALUED TECHNICAL BUY DISCIPLINE, UPTRENDS TIMING DISCIPLINE, BUY ON WEAKNESS
STICK TO YOUR SELL DISCIPLINE FEW SELL DISCIPLINES ARE AS GOOD AS BUY DISCIPLINES SPEND MORE TIME ON SELL DISCIPLINE THAN BUY FUNDAMENTAL SELL DISCIPLINE, OVERVALUED TECHNICAL SELL DISCIPLINE, UNDERPERFORMERS NEVER LOOK BACK, YOU WILL BE WRONG ALWAYS SELL TO RAISE FUNDS TO BUY BETTER RATED STOCKS
CONCLUSIONS BE HARD WIRED LIKE THE PROS WITH SUCCESSFUL HABITS HAVE GOOD SYSTEMS, DISCIPLINES, PLANS, STOP LOSSES WITH A SYSTEM, EVERY THING IS AUTOMATIC, NO EMOTION THE BUY AND SELL DECISION IS MADE FOR YOU ALL YOU DO IS DUE DILIGENCE AND EXECUTE ORDERS YOUR BUY/SELL DISCIPLINE & SYSTEM MAY BE WRONG BUT YOU WILL BE RIGHT, BECAUSE YOU DID IT LIKE A PRO!