Skip to main content

COPING WITH LOSSES: A MAJOR KEY TO SUCCESSFUL TRADING

We need to train our minds to be winners even when we face the losing streak in trading days.This may sound difficult but it is very important to learn and tune yourself with this mindset. What is the inner play of this mindset is what we would explain to you. When any intraday trader enters to play in the stock markets he is faced with many challenges. One is to learn the technical of trading and to formulate the best suitable trading strategy for your trades. The other step is to follow all the trades coming in the system on your selected scripts and not to miss the trades come what may. This is where the mind set comes into play. Once you have successful strategy and then you are faced with a bunch of losing trades then you mind will start coming up with devilish thoughts like am I in for a rough road, I should have listened when all around people told me that it is gambling. there is no strategy that will work at all time. it is not possible to win in the markets...ect etc. You will also doubt the buy sell signals generating strategy or intraday software that you have worked so hard to achieve and back tested at so much length. Just the reverse emotion comes when you have been gaining and making some winning trades. You will feel good and say that I am a professional trader and are there to win the game. Basically you should be disconnected in rating your personal self from the outcome of the markets. this is like any other business and will have its up and down days . You are supposed to take all trades with discipline and money management rules limiting you loses . You can even set draw-down limit for the day and quit without feeling bad. The recovery can happen any time later.you should not fiddle with the method and let it run as it is . The buy sell signals will surely work well if applied on the logic of probability and the profits will come back.

BEST MINDSET: KEEP SAYING I AM A WINNER EVEN WHEN THERE ARE BUNCH OF LOSSES SINCE THAT IS THE MINDSET THAT WILL MAKE YOU A WINNER ALWAYS.
For further information on the BUY AND SELL SOFTWARE, Intraday software, Real time data, Nifty live Charts ,Nifty Buy Sell Signals , please visit :
Call: 9958406102


Comments

Popular posts from this blog

Free Downloads of Best and most accurate MT4 strategies and Indicators| MT4 ROBOT EA

http://mediajx.com/story7112431/the-2-minute-rule-for-robot-forex-funciona http://bookmark-dofollow.com/story6027470/about-forex-auto-trading-robot-free-download http://bookmark-template.com/story6030122/5-tips-about-scalping-robot-mt4-you-can-use-today http://prbookmarkingwebsites.com/story4171399/forex-wiki-no-further-a-mystery http://socialmediainuk.com/story4607483/the-best-side-of-metatrader-4-free-download http://dirstop.com/story4894182/the-fact-about-expert-advisor-programming-for-metatrader-4-that-no-one-is-suggesting http://opensocialfactory.com/story3739470/facts-about-metatrader-4-indicators-revealed http://ztndz.com/story6395566/the-definitive-guide-to-forex-robot-gratis http://gorillasocialwork.com/story4899066/forex-ea-advisor-options http://socialrus.com/story4358261/the-single-best-strategy-to-use-for-forex-online http://socialmediastore.net/story4742935/the-single-best-strategy-to-use-for-forex-online http://socialnetworkadsinfo.com/story4765280/not-known-f

SUPPORT AND RESISTENCE IN STOCK MARKET

In stock market , support and Resistance symbolizes key junctures where the forces of supply and demand meet.   Prices are driven by excessive supply (down) and demand (up).   Thus technical analysis is very much important in the wake of knowing buy/sell signal .   Supply is synonymous with bearish, bears and selling.   Demand is synonymous with bullish, bulls and buying.   These terms are used interchangeably throughout this and other articles.   As demand increase, prices advance and as supply increases, prices decline.   When supply and demand are equal, prices move sideways as bulls and bears slug it out for control. SUPPORT ? Support is the price level at which demand is thought to be strong enough to prevent the price from decline further.   The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined be it intraday or delivery.   The intraday trading software can make out a picture of it by assimilating the data and pu

Intraday Trading Systems and Intraday Trading System for Nifty Stocks and Commodities

CURRENTACOUNT DEFICIT & INDIAN STOCK MARKET             Last week the Reserve Bank of India (RBI) released quarterly BOP data which showed India’s current account deficit reached below a new high of 32 billion USD or 6.7 per cent of GDP in Q3 FY 2012.   CAD, however is expected to narrow down as a result of slowing consumption, sluggish investment, fiscal consolidating, and moderating oil prices and gold imports, we project the full year figure   will come in around 5 per cent—well above the RBI’s estimate of a sustainable level of about 2.5-3 per cent.   The stockmarket will then see a new kind rejuvenation and traders in nifty might look forward to encash the profit.   Given that it will likely remain around 4-5 per cent of GDP over the medium-term, the CAD will limit the RBI’s space for rate cuts, keep downward pressure on INR, and increase india’s reliance on potentially volatile portifolio flows. While a surge in capital inflows due to DM liquidity and government r