How to trade Confidently like Super Traders
Confidence is trait which a trade needs to develop to make money on
consistent basis.Trading success is achieved when trader is able to
execute trades confidently and overcoming trading emotions.
Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to work on as trader defines all aspects of his trade that he can control; the rest is left to the market. Confidence based on winning trades is fleeting, but confidence based on the ability to objectively execute ideas leads to long-term, unbreakable confidence.
Trading Confidence can further be divided into 2 categories:
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Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to work on as trader defines all aspects of his trade that he can control; the rest is left to the market. Confidence based on winning trades is fleeting, but confidence based on the ability to objectively execute ideas leads to long-term, unbreakable confidence.
Trading Confidence can further be divided into 2 categories:
Continue Reading
posted by Bramesh at
3:16 PM
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