OPPORTUNITY — There are lots of these every day, unfortunately you can not buy them all, so only pick the top 10 and then narrow them down to 2 to 3. This is done by using your buying criteria which is part of your trading plan which you already have written down. ( That is, if you have one )

BUYING & SELLING — With a pre-planned strategy which I have developed by trial and error; this was achieved by learning by my trading mistakes and the mistakes of others.

PATIENCE — This great virtue is worth developing. At times, the market is going up in the right direction, but is not going as fast upwards as you would like. So, be patient and use a “stop loss” to lock in the profits. No matter how small they may be.

KILL STRESS — If the trading is hurting. … Do not do it, cut your losses or be content with a small profit from it and cash out.

HOPE — This has no place in a trader’s plan, … Because, hope leads to procrastination ( pushing things off ). And this will lead to losses, which you can definitely not afford.

WORRYING — Similar to stressing. When you start worrying about a stock, then it is time to sell it.

HAVE FUN — You should enjoy trading. If you are not enjoying it …. then it is time to put your money into some managed funds and quit trading.

RESPONSIBILITY — You should take responsibility for your trading mistakes and learn from them. Remember, no one made you buy the stock.

CONFIDENCE — Try to have faith in your abilities. At all times be a Student …. because, you never know it all. And the minute you become over-confident, you are setting yourself up for a hit.

Hopefully, these tips helped you in some way …. Now, go and find some profitable shares and improves your trading skills.