Trading Mantra for aspiring traders

Discipline your self: This is what helps one to gain in the market. When the market movements as per your trading setup asks you to enter, book profit or loss just obey it. Do not let your emotion enter here thinking you will beat the market. You can always enter the position later on instead of repenting at a later stage. After all, you depend on your trading setup to help you and ignoring it will certainly cost you heavily.
Don’t be adamant: Don’t try to beat the market but beat your own EGO. Market will never move in one way. It has to be volatile else everybody would make money. Yes, you did make money in shorting previous times but that certainly not the case always. Your gains from hundreds of trades may be washed out in few trades if you respect your ego.
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