A Short Guide to be a Professional Trader

What New Traders Do

1. Put all their capital in one investment.
2. If an investment did not work the way they want, they just keep it forever.
3. They invest on the base of random information from random sources.
4. They do not understand what they are buying.

What Professional Traders Do

1. They spread capital among many classes and assets.
2. They have a Plan, if plan does not work, they get out of the plan at a specific point defined in the plan.
3. They understand what they are investing in, and what to do with the return.
4. They have reliable fundamental and technical analysis to support their trading decisions.
5. They know asset goes up and down, and they strategies to capitalist on both.