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Stay disciplined and stick to your trading plan from "summary" of How I Made BIG Money Trading Stock Options by Carl Schoner
The key to success in trading stock options lies in maintaining discipline and adhering to your predetermined trading plan. This concept is crucial for achieving consistent profits and minimizing losses in the volatile world of stock trading. By staying disciplined, you are able to resist the temptation of making impulsive decisions based on emotions or short-term market fluctuations. Instead, you can focus on your long-term goals and stick to the strategies that have been proven to work for you. This will help you avoid unnecessary risks and ensure that you are making informed decisions based on logic and analysis rather than gut feelings. Having a well-defined trading plan is essential for guiding your actions and keeping you on trac...
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