Learn Not to Press Too Hard to Make Money
We've discussed in previous stock trading tips that focusing too much on the profit and loss of every trade can throw you off. While it is important to know how much you are making and losing per trade, it is counterproductive to track it on a minute to minute or even day to day (if you are a longer term trader). It is much more important to focus on executing your trading plan and focusing on the charts. There is a lot of noise during the day that can throw you off. This noise is designed to make you sell your position too soon or enter a position much too quickly.