Skip to main content

The Force is Within You, Luke. It’s Not the Trading System.

By
The problem is that all (even great) trading systems experience draw-downs and you
wind up blaming the system for losing rather than doing what is painful for some…
blaming yourself (for not having the courage to trade through adversity)!


The trading system is there to follow but your mind is there to avoid from following it since the mind is constantly saying no the system is not as good as you feel or think. The trades will keep coming in a certain probability. most will come as winners but you will miss some and some will be losers which you will focus on the mind will become highly negative with the system . This is primary reason that the trading mind has to be trained to not interfere as humans. This can only be done with practice and live trading practice. No amount of back testing will help sine in back test your human emotions are not involved on your buy sell trades.Please follow some simple strategy and do not think that only complicated strategy has more chances of winning. Since this is also a myth in the minds of Intraday traders. Follow the buy sell signals in the intraday trading software as though you are a puppet to or slave to it and see the winner in you soon.

TRAIN YOUR MIND AND THEN ALL SYSTEMS WILL PERFORM.... MOST INTRADAY TRADERS DO THE REVERSE.

For further information on the BUY AND SELL SOFTWARE, Intraday software, Real time data, Nifty live Charts ,Nifty Buy Sell Signals , please visit :
http://technotrades.biz/

Call: 9958406102




Comments

Post a Comment

Popular posts from this blog

STOCK MARKETS AT A GLANCE 14 AUG

By
Market at a Glance The Indian equity market is likely to open soft today tracking positive Asian markets. Meanwhile, the investors are keeping an eye over the monthly inflation data for July to be released later in the day. The ease in the headline inflation would help the RBI ease key policy rates. Further, the investors will keep a close eye over the release of quarterly numbers, that will further direct the trend of the market. Meanwhile, the Asian markets are trading steadily as investors are awaiting a raft of economic data from Europe and the US later in the day. Japan's Nikkei edged higher, on low volumes due to the holiday season, with the exporters gaining strength as the dollar strengthened against the yen in the New York. In SGX Nifty, Aug'12 contract last traded at 5,372, up by 1.00 point from previous settlement.
Post a Comment
Read more

The veteran trader feeds on the new trader

By
The only difference between the new trader and the old trader is that the old trader has learnt to be in control as compared to the new trader. both are trading using the same charts and indicators. A good trading system and the mental strength to commit to and execute the signals that system gives you is the way of the seasoned trader. The seasoned trader can notice when he is making any human error in relating to his emotions and fears and quickly breaks that habit by making new neuron-pathways, means suppose he is erring in moving his stop loss to cost or to break even when he sees gains, then he will focus on that and start doing that soon as a matter of habit. Trading is nothing but a game of probability , where you have to have the odds ion your favor. Once you have set your strategy fro trading then just like  mechanical trader follow it without using brains and mind. At the end of the period of time it will reap benefits. If still the method is not profiting then chan...
Post a Comment
Read more

COMMODITY UPDATES 7 AUG

By
August 7, 2012 News Highlights:  The U.S. unemployment rate unexpectedly ticked up to 8.3 per cent, from 8.2 per cent in the preceding month, fuelling expectations for another round of quantitative easing from the Federal Reserve and in turn boosted gold prices.  A weaker U.S. dollar also sent the gold, copper and crude oil prices higher as it makes the commodities cheaper for the holders in other currency.  The European Central Bank’s bond buying program lifted hopes for a debt crisis solution which improved demand prospects for copper, crude oil and gold.  China's central bank's pledged to intensify fine-tuning of monetary policy in the second half of this year and to improve credit policy to bolster the real economy. The encouraging comments from China, world’s top consumer of metals boosted expectations of a recovery in demand outlook of cooper. Gold Intraday Chart Crude oil intraday chart TECHNICAL ANALYSIS SOFTWARE intraday trading systems
Post a Comment
Read more