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 :

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RUPEE PROBLEMS

The Sensex and the rupee are at critical breakdown levels after the stock market fell on Friday and the rupee was retesting its previous lows against the US dollar. The drop in the US equity markets on Friday might provide another downward nudge to Indian equities and the dollar rally could push the rupee lower on Monday. Readers of this column should not be surprised by the moves in the equity market and the rupee. We had mentioned that the Sensex was in a downtrend and was supported by the gap. The same is true of the Nifty. (Click here for charts of Nifty and here for Sensex) In last week’s article we mentioned that price gaps are demand areas and happen when the opening price of a day is higher or lower than the closing price of the previous day. Reuters When there is extreme demand prices open much higher than they closed the previous day. That’s what happened to the Sensex on 31 January when it opened at 16,965 after closing at ...

INTRADAY PERFORMANCE NIFTY 17 AUGUST

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Reference to many Forex Reading - MT4 strategies and Indicators

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