The only difference between the new trader and the old trader is that the old trader has learnt to be in control as compared to the new trader. both are trading using the same charts and indicators.
A good trading system and the mental strength to commit to and execute the signals that
system gives you is the way of the seasoned trader.
The seasoned trader can notice when he is making any human error in relating to his emotions and fears and quickly breaks that habit by making new neuron-pathways, means suppose he is erring in moving his stop loss to cost or to break even when he sees gains, then he will focus on that and start doing that soon as a matter of habit. Trading is nothing but a game of probability , where you have to have the odds ion your favor. Once you have set your strategy fro trading then just like mechanical trader follow it without using brains and mind. At the end of the period of time it will reap benefits. If still the method is not profiting then change the method. Do not change methods frequently. The trading strategy should be simple and mechanical with risk and money management built in. That is the reason so many traders are crazy after formulating a intraday software with mechanical buy sell signals which are giving high probability trades.
You’re going to get emotional… just HOW emotional will be largely a function of
whether your risk capital is “comfortably lo-sable,” when you are faced with a step back
on your road to profit.
In the end, it’s all about attitude and you mental strength of conviction to follow your
tested trading plan
A good trading system and the mental strength to commit to and execute the signals that
system gives you is the way of the seasoned trader.
The seasoned trader can notice when he is making any human error in relating to his emotions and fears and quickly breaks that habit by making new neuron-pathways, means suppose he is erring in moving his stop loss to cost or to break even when he sees gains, then he will focus on that and start doing that soon as a matter of habit. Trading is nothing but a game of probability , where you have to have the odds ion your favor. Once you have set your strategy fro trading then just like mechanical trader follow it without using brains and mind. At the end of the period of time it will reap benefits. If still the method is not profiting then change the method. Do not change methods frequently. The trading strategy should be simple and mechanical with risk and money management built in. That is the reason so many traders are crazy after formulating a intraday software with mechanical buy sell signals which are giving high probability trades.
You’re going to get emotional… just HOW emotional will be largely a function of
whether your risk capital is “comfortably lo-sable,” when you are faced with a step back
on your road to profit.
In the end, it’s all about attitude and you mental strength of conviction to follow your
tested trading plan
For further information on the BUY AND SELL SOFTWARE, Intraday software, Real
time data, Nifty live Charts , please
visit :
Call: 9958406102
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