Trading Course > Stock Trading Tip > Investment Tip

Most professional traders use only 1 or 2 techniques and nothing else. Even the most average of techniques, when executed with focus, will yield better results that the technique-du-jour if you're changing approaches every week.

You create them, which means that you possess the power to alter them if you happen not to care for them. The first step is to actually believe that. Stick to your own rules. One of the most beautiful things about commodity trading is the fact that we get to set our own rules. Here are some examples: Decide before you trade what your target price will be, what your maximum loss will be, and stick to your own parameters.

But none of them started trading and went on to have success without these 7 habits. A good friend of mine told me once that it takes 21 days to break an old habit or start a new habit. I don't know if that's true but it's worth considering as you read the rest of this article. Before you can develop these 7 habits you must first understand the Trader' s Mentality.