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BEST INTRADAY TRADING SYSTEM AND STILL LOSING?

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ONCE YOU HAVE A GREAT INTRADAY TRADING SYSTEM AND STRATEGY, THEN WHY ARE YOU STILL LOSING ?

You as a trader as all the intraday traders do, have worked several hours to device your best intraday trading system which generates all the levels like the entry , exit stop loss, buy and sell signals, based on some technical analysis rules .
Then the intraday trader will normally backtest the results using paper trading on historical data. He will also consult with other trade gurus he might come in touch with who are making money and will finally feel and decide mentally that he will be following the system in live markets to trade .
Then now you have got down with full confidence in mind. you are taking the first trade with real money. The buy sell signal software or system gives the trade and it turns a loss. But you are mentally saying in your mind that all trades will not be winners , even the best traders don't win all trades.Then you take the second trade which also turns a loser. Now your pride and confidence on your home work and the trading system is little affected. Also at times the stop loss gets hit and then rebounds in your direction to meet your targets. The emotional up heavel begins to take charge.
The next trade you decide to go wary and only watch rather than take the real trader. You feel that the education or the post mortem on the live trade after taking 2 losing trades will help you to sort out things.Now the trade that you are watching is a winning trade. this makes you even more upset. So you are back with the renewed confidence that you actually have a winning trading method and so you decide to trade double your normal position on the trade 4. at the same time you are cursing in your mind that when you planned to start using the system you would trade all 10 trades in a row may the result be negative or positive. Now on the trade 4 you are having the emotions fully churned. This is the worst mindset for the intraday trader which leads to losses and the trader not performing on optimal levels.....

The above emotions run in the minds of the trader time to time, whether the new by or the veteran trader. The winning trader nips the problem in the bud before it is too long in learning the lessons. This is the only difference. There are several trading methods which give good accuracy but the emotional make up of the trader decides the fate.

The winning trader senses what is happening and nips it in the bud. The winning trader
spend time EVERY DAY, working on “the discipline of trading”.

For further information on the BUY AND SELL SOFTWARE, Intraday software, Real time data, Nifty live Charts  , please visit :
http://technotrades.biz/
Call: 9958406102



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