Skip to main content

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

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 :

Call: 9958406102




Comments

Popular posts from this blog

COMMODITY UPDATES 8TH AUG

August 8, 2012 News Highlights:  The U.S. API Weekly Crude Stock fell to a seasonally adjusted annual rate of -5.35M, from -11.61M in the preceding month in turn indicating that demand for the fuel in US, world’s largest consumer of crude oil is strong.  Crude oil output from Organization of Petroleum Exporting Countries (OPEC) fell 270,000 barrels per day (bpd) in July to 31.45 million bpd from 31.72 mbpd in June, raising supply concerns in the near future.  The Federal Ministry of Economy and Technology said that German manufacturing orders declined more than expected by 1.7 percent month-on-month in June against expectations of a drop of 0.8 percent which in turn curbed gains in copper by dampening demand outlook for industrial metal.  The European Central Bank is expected to start unlimited buying of stricken member states' bonds to drive down their crippling borrowing costs and shore up its faltering economy which in turn improved demand prospects for copper and c

Nifty futures test 5000 mark; Asian indices slide sharply by Venky Vembu May 7, 2012

Hong Kong : The blood has barely been wiped off the trading floors after last week’s tumbles on the Indian markets. But already, markets are off to another bloody start to the week. Nifty futures are again sharply down in early trades on Monday, testing the 5000 mark on very weak global cues after election results in  Greece  and France over the weekend, and tepid US employment data on Friday, busted investor sentiment. (More details  here .) Listen to market audio: All across the region, trading boards are awash in red. As at 7.30 am IST, most of the indices are down in excess of 2 percent. Tokyo, returning from a holiday, is down the hardest, playing catch-up with last week’s falls: it’s now down in excess of 2.5 percent. Hong Kong is down about 2 percent, and Sydney about 1.5 percent. Shanghai is faring the best of the lot, down only about 0.2 percent. We’re probably looking at sharp losses when markets open in Mumbai today. Reuters Nifty futures are down nearly 1.5

FII AND INDIAN STOCK MARKET

In fact, Foreign Institutional Investor ( FII)  is allowed to enter into INDIA only through stock markets either in the form of equity of debt.  Thus it makes an impact on the rise or fall of Sensex or nifty, since FII is allowed to be purchased or sold daily.  The daily transaction of FII is the reason behind the volatility in the stock markets and has strong impact on the various macro-economic variables and the economy as a whole.  The impact of variation in inward or outward flow of FII can be simply exhibited in NIFTY LIVE behavior pattern.  The impact of FII can be best interpreted by explaining the recent behavior of market.  The second half of NIFTY FUTURE February series showed a well deserved consolidation after a long BULL-MARKET.  However, NIFTY FUTURE March series ended up with SENSEX slipping below psychological mark of 18000.  These all epitomizes the immense impact of FII flow in the Indian Stock Market.  Intraday traders do take care of FII activity meticulously.