4. PLAN EVERY TRADE
Planning is the key to success. It is often observed that people often plan months before their exams or project to keep on the right track. That planning helps to discipline them in a way no other method can. Those who plan beforehand are likely to fare well if the unexpected occurs. This rule also hold true for online stock trading.
If one turns a blind eye while trading online. That is termed as suicide in the world of business. Therefore, it is always advisable to do research. That will enable to expect the unexpected. One should always prepare for the worse before investing anything.