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4 tips to trade smarter
If you want to be a better trader, remember that patience is a virtue. That’s according to Serge Berger who’s been trading for more than twenty years. Here’s his four top tips.
If you want to be a better trader, remember that patience is a virtue. Serge Berger, also known as “the steady trader”, says playing the waiting game is one of the most difficult things to master when it comes to trading. Here he gives four top tips to get more success in 2014.
Serge says forcing trades is a losing strategy; it’s a derivative of losing patience and it can lead to “over trading”. He says there were several occasions last year when he forced trades due to the market not behaving in the way he thought it should and it cost him dear. He also says that you shouldn’t let an opinion get in the way of a profitable trade.
Finally, you should stick to your trading plan. Trading should be “effortless and without stress”, he says. Plan the trade and trade the plan is Serge’s mantra for this new year.
01:10 minutes
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