There`s nothing more dangerous to your wallet than feeling confident in your trading even if you still don`t know nothing about this business. That is why a few wins early on in your trading career just postpone the inevitable pain traders will face in the path to successful trading.
Study the markets and yourself before you commit your energy, time and your hard earned cash to trading.
Stuart Walton is profiled in the Stock market Wizards book as one of the most successful stock traders in America.
Recommended Reading:
Stock Market Wizards by Jack Schwager
