Want to be Profitable Trader,Develop the following Qualities
In Continuation with Part -I
6. “Be like Machine”
As human beings emotions pay a key role in our existence, for a trader emotions can be a source of great pain. Trading psychology and the management of your emotions in a trade play a key role in overall success. Fear and greed can cut your winners short and let your losers run. Dealing with emotions follows on from your plan; the more robust your plan the less likely you are to fall into the emotional mine field.
7. Know your tools
Every trader has a set of tools they use, DOM, Charts, News feeds etc. These tools are a trader’s bread and butter; they are the most vital part of a trader’s arsenal,
Continue Reading
6. “Be like Machine”
As human beings emotions pay a key role in our existence, for a trader emotions can be a source of great pain. Trading psychology and the management of your emotions in a trade play a key role in overall success. Fear and greed can cut your winners short and let your losers run. Dealing with emotions follows on from your plan; the more robust your plan the less likely you are to fall into the emotional mine field.
7. Know your tools
Every trader has a set of tools they use, DOM, Charts, News feeds etc. These tools are a trader’s bread and butter; they are the most vital part of a trader’s arsenal,
posted by Bramesh at
4:52 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home