Posted on January 30, 2009 at 9:30am
Effective traders are always working to improve their knowledge and abilities. Although you will not use all you know on each trade, increased knowledge will build your trading skills and ability to trade your own beliefs about the market. You will know you are using the material you have learned when you:
* Seek to rellow a trading plan when preparing to trade.
* Strive to consistently study, visualize, internalize, and apply the knowledge you will gain about the market.