So far, I have seen people who think they can make money in trading overnight. For them trading looks like a game which gives more money for less efforts. I havent met even a single person who is rational about trading. So first thing to remember is "Be rational". Be realistic. None has made money with out experience in trading. To get that experience one has to face lot of emotional turmoil and loss. Trading is not a cake walk. Every successful business man have a plan before entering the business. Develop a trading strategy,trading plan before trading. No plan, no gain.