Things that smart traders do
They always take action when they a A+ setup that they like. They never try to force trades and usually let the setup come to them. They will ALWAYS have a plan before taking action.
They will always take responsibility for their trades and they understand that anything can happen so no matter how good the setup looks they are cautious and accept losses. They always learn from their mistakes.
They respect their plan and follow their trading system and never let emotions interfere with their decisions. They are patient with their trades and they have a long term mentality.
They try to be consistent with their trades instead of putting all their money into one stock and hoping for a 100% gain because they understand the power of compounding.

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More from @IbdThreads

4 Jul
Things I learned from Volume Price Analysis - Anna Couling
Volume should represent the spread of the candle if the volume is huge but the spread is little that is usually a sign of reversal
Volume with candle stick patterns confirms reversal
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3 Jul
How professional trade
Professional traders cut their losses if their trade goes against them and their stop gets hit. This shows that they don't trade with any emotions which makes them a good disciplined trader.
They let their winners run until the stock gives clear signs to exit and they have a reason for being in the trade
Read 7 tweets

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