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Learn from both successful and unsuccessful trades to improve your skills from "summary" of How I Made BIG Money Trading Stock Options by Carl Schoner
One of the most important aspects of becoming a successful trader is the ability to learn from your experiences, both positive and negative. By analyzing both successful and unsuccessful trades, you can gain valuable insights into your strengths and weaknesses as a trader. When you have a successful trade, it is important to take the time to understand why it was successful. What factors contributed to the trade going in your favor? Was it due to a particular strategy or analysis that you used? By identifying the reasons for your success, you can replicate these factors in future trades to increase your chances of success. Conversely, when you...
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