When people decide they want to learn how to become a stock trader, they often worry about doing it right and not making costly mistakes.

The truth is, stock trading can be simplified into four essential skills that you must master to become great at it.

All the rest you can stop worrying about.

There's a lot of noise in the stock market, and part of becoming a great trader is learning what to focus on and what to tune out.

Over time, you'll learn some of the things that people put a lot of 'stock in' don't matter at all.

Here are five things I didn't do to become an effective trader.

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