Saturday, July 13

Learn to Conquer the Fear while trading

Emotions have no place in trading,specially for day traders as their holding period is for few hours only. Most of traders are searching for Magic Indicator or Holy Grail which will lead the desired results and will never cause any loss to them. But in Reality No matter what technical indicator or stock trading system that trader used, results is always the  losses. So where is the real problem It lies in Psyche of trader.

Review Stock Trading Emotions

You will face strong resistance internally from yourself when you take your first step to creating a larger vision for your stock trading. This means you will need to let go of your bad habits and take a leap of faith and do what is required to reach your goals. I have seen many trader’s who psyche themselves up and temporarily follow their stock trading vision. The problem arises when trader’s experience the emotions of losing; many tend to lower their expectations and go back into their shell, going back to what they are used to. They start reverting back to old habits and going back to square one again.
Some trader’s try..

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