How to Keep Your Cool When Trading

Wednesday, November 16 Leave a Comment

Market are on tear past few days after US Election Results and Demonetization of 500 and 1000 Rs note. In order to avoid becoming a casualty of the herd mentality and selling at the wrong time, consider these three strategies to keep your cool in a declining stock market environment. Emotional trading can lead to mistakes that can have major impact on your trading account.
1. Stick with your trading plan and turn off the news. Stop watching new channel, Social Media strict NO in such time. Rumor mongering at its highest. Just stick to your plan and trade with strict SL
2. Manage your emotions. It’s virtually impossible to erase fear, panic, and greed, especially when it comes to money.  It helps to have a written plan that

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