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

STOCK MARKETS AT A GLANCE 14 AUG

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.

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...

COMMODITY UPDATES 7 AUG

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