A good analyst is someone who can figure out that markets are going from Point A to Point B; A good trader is someone who can navigate the path from Point A to Point B; A good investor is someone who can weather the path from Point A to Point B; Good analysts often are not good traders.
Don’t trade your opinions trade a carefully written trading plan that expresses a methodology with an edge.
1.) The big money is made in holding good companies with the right business model for the long term rather than in short term trading.
Preparation: If you put yourself in the best possible position and you lose money at least you spent that money wisely.