Below is a list of rules and steps that will help you build a successful foundation for your trading career.
1) Educate yourself before trading with real money.
2) Trade on a Simulator (Paper Trade) until you can show consistent profitability.
3) Learn from others, but do not blatantly follow others. Create your own strategy that is in alignment with your personality and risk tolerance.
4) Have realistic expectations. Just because others are making hundreds and thousands per day, remember that they have all learned through education and losses to get where they are at. Being profitable $25, $50 or $75 a day is a great way to build consistency. Base hits win the game. Home Runs will come, don't force them as you will most likely strike out.
5) Keep It Super Simple (KISS)
6) The more repetitions you have the quicker you will learn (Paper Trade)
7) More to come....
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