A caution:- until "9830" is not cleared, the danger of (5)th of 3rd wave sub-dividing remains.
Our pref. view is 3rd complete as long as 8860 is protected.
Our pref. view is 3rd complete as long as 8860 is protected.
Wednesday, August 21, 2013
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2 comments:
Dear Sir
From many days I am trading but one thing which really disturbs my trading plan is fear, "Fear of Lose".
Even though I have well tested my strategy, I do have a faith in my system but still somewhere or other fear remains.
Because of which either I will not take trade or will book profit very soon.
I have many books on trading psychology, watched many videos but still the fear has not gone.
I need your guidance and help to over come my fear.
With Warm Regards
Shaileshkumar Mehta
9860319277
@ shaileshkumar mehta,
The dealers in the "Trading room" keeps getting slips to execute client's order. Some of the orders may sound ridiculous based on his experience but he's expected to simply execute them...mechanically.
You having done your studies, following your well tested system, take one such slip and go into the market; once market opens, based on the opening prices, execute your order; Key in your SL; Key in your Target price and sit back.
Once the order is executed and then after awhile either target is reached or your trade gets stopped out.
Once that happens, close your terminal and go back to your routine.
Unless you start applying yourself in the real trading world and hold your emotions as long as prices are within the permissible range, no amount of reading books or listening to seminars would help you.
You're alone in the trading arena; and no one gives a damn whether the capital left in your account is precious to you.
Equipped with your tools, studies, a disciplined approach will get you riches slowly.
Remember, everyone has the fear; Fear keeps us on our toes; thats it. Nothing more.
Can't you find one good trading opportunity in a week and make money???.
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