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

Nifty Intraday Trading

Nifty index is defined as an index that representing 50 stocks on the stock market. Nifty index is used in the measurement various index funds, bank portfolios and index based derivatives. Intraday trading is considered to be a crucial tool in the trading market and different marketing strategies of various capital goods and assets. Intraday is used to indicate the highs and lows of different assets and goods in the markets of stock exchange. Moreover, the price chart is used to indicate the various time intervals between trading, selling and buying. Nifty intra day tips are very helpful and effective in order to buy and sell of stocks of different companies that are under the category of nifty. A common and popular nifty intra day tip is the regular pivot and momentum plan. This is the best strategy that it takes the main advantage of the nifty index of any trading day. The profits or revenues can be maximized and losses can be minimized during the phenomenon of trading. In vari

Trading Is a Game of Anticipation, Not Reaction

Every trader is there in the markets trying hard to earn maximum money . But most traders are only making impulsive moves in entering and exiting the markets out of anxiety or impatience. They try to jump the cart , and take either early entry or late entry.Most traders think that the more number of time they take trades the more they are going to earn . It is not like this . The markets are to be understood properly, like its dynamics. The trader feels how he can use his time spent sitting in the markets to the best use, so he tends to be overactive or over trades. once you get to understand the market dynamics then only take suitable trades and that too when the setup is fully confirmed. This would at least lead to best probability in your trades. In fact there is always more sense in studying the weekly and the daily charts which most of the intraday traders miss to do and they are only starting the day and looking for the buy sell signals haphazardly, and looking for entries.

COMMODITY TRADING

Commodity trading is, in fact, another way to invest where traders buy and sell commodities.  Commodities are any good, of high value, to a large group of people. Commodities are consistently produced by a large number of manufacturers to fulfil the needs of entire populations.  Commodities are considered resources and generally have a wide range of uses.  As for example, commodity includes items like oil, wheat, metals and non-metallic products etc.  Trading in commodity be it intraday or for delivery, is separate from the trading of other securities. Moreover, there are separate exchanges for commodity trading.  There are exchanges available all over the world, dealing in trading of commodity and investors don’t limit themselves to just one exchange.  Investors remain bestowed with freedom to trade any of the exchanges.  The market worldwide generally behaves based on pattern, so investors keep track of such price index to decide to enter into the market. COMMODITY TIPS  Further