Who is in Control When You Trade?
We cannot control the market but we can control our trades and many aspects of our trading mindset.
When you go through a trading loss do you ever find yourself blaming something outside yourself? Today Nifty had a decent fall and if you made loss today You can Blame Bank of Japan, "the system" - the system is rigged against me etc..
When you blame an external situation, you are giving up control, and instead letting yourself be controlled by outside events. This converts you from a proactive trader into a reactive trader. When your emotions rule over you, You become SLAVE of market end results is you lose badly.
Continue Reading
When you go through a trading loss do you ever find yourself blaming something outside yourself? Today Nifty had a decent fall and if you made loss today You can Blame Bank of Japan, "the system" - the system is rigged against me etc..
When you blame an external situation, you are giving up control, and instead letting yourself be controlled by outside events. This converts you from a proactive trader into a reactive trader. When your emotions rule over you, You become SLAVE of market end results is you lose badly.
Continue Reading
posted by Bramesh at
4:54 PM
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