Trading is a treasure hunt and we traders are treause hunters. Charts are the maps which tells us the way to get the treasure. Charts are symbolic representation and not direct representation. We have to decode the hints given by the charts using technical analysis. Treasure maps are not easy to understand same as our charts. And there is no rules that the price will move as per our plan or expectation. After decoding the charts we prepare our trading plan. We should always know what to do when the price is not moving as per our expectation. We should prepare ourselves for the unexpected twists and turns. The key for success in trading depends on our mind and timely action. We can train our mind to take timely decision in trade. Co ordination of eyes, brain and mind is very important in trading. Everybody can get it by proper training. We are in the top of food chain which indicates we are aggressive and we can handle competition. Remove the emotional blocks and clear the brain and mind. Treasure is before us and we are going to get it!
Very true. Simple facts but need great determination to follow rules when trading.
vanathi
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@DINESH1961, I agree. Thank you for sharing your view.
manthan123
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Ya you are right , bank nifty continues go up though it had shown sing of bearish by end of February in weekly chart but it s continues go up. it has to come down till 20000 in my view..it may achieve till end of April, my view.