How To Trade Successfully at 2006-02-06 23:45:45
by Larry Livingston
1. The Plan
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To trade successfully, you need a trading plan before each trade. This trading plan must help you to answer the following five questions:
(1) What to buy?
(2) How much to buy?
(3) When to buy?
(4) When to exit with a loss?
(5) When to exit with a profit?
All five elements must be in place before you carry out any trade. If you wait till you have a
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