The cornerstone of successful investing is controlling your emotions. The success in investing is achieved by buying low and selling high. Not the other way round! Emotions of fear and greed stand in the way of success as they tend to have us do exactly the opposite from what we should be doing.

Always have a trading plan and make sure you execute it as planned. Having plans is a prerequisite for a success in investing. Executing trades according to our plans produces great financial rewards and ultimately contributes to investor’s satisfaction and happiness. Trading a plan simply means executing trades according to that plan.