Lessons learned - part two

Here is the second part of lessons:

1. Training, training, training - nobody has become professional with a lot of training. This goes for trading as well. You can read hundreds of books but that still doesnt make you a professional trader not even a begginer. Yes books are important but practice is as well.

2. Pattern recognition - in time you will be able to recognize patterns and act in accordance to this patterns.

3. Markets evolve - markets change all the time. You have to learn all the time in order to stay in touch with the markets otherwise time and change will put you out of business.

4. Emotional stability - you be prepared for drawdowns and not become emotional instable. Every path has its ups and downs.

5. Finding your type of market - some markets are more volatile than others, as it goes for the stocks. You must find how much action suits you.