Rules for being a successful trader – Do’s and Don’ts

First the “Do’s”

Patience:
Wait for high probability opportunities to materialize based on technical analysis (chart patterns, volume, major indexes)
Strategy:
Have a plan to limit your losses and let your profits run.
Dicipline:
Have a plan and stick to it. Don’t get emotional if your trade doesn’t go as planned.
Expertise:
Do your homework and be prepared. Know the stocks you’re trading. [...]