Few of my friends here have started to think that I have forgotten Newbie's corner. I write, when I get some valid query. So here come a new question. Query : I have been trading for 4 yrs, I have learnt all technicals but still I am losing money. I dont know why.
Answer : There are two possibilities. One is not knowing/learning technicals properly. People learn themselves from net, but dont know whether they read the correct content and understand it properly. They apply it with their own perception in a wrong way and lose money. 2nd reason is losing formed as a habit. If you ask a chain smoker, why you smoke, he will reply, I dont know/cant stop smoking. Anything you repeat form as a habit. Once it is wired with your brain, you cant remove it. So dear traders, if you are losing money, find the reason why and rectify it as soon as possible before you become addicted to losing money in trading.
Answer : There are two possibilities. One is not knowing/learning technicals properly. People learn themselves from net, but dont know whether they read the correct content and understand it properly. They apply it with their own perception in a wrong way and lose money. 2nd reason is losing formed as a habit. If you ask a chain smoker, why you smoke, he will reply, I dont know/cant stop smoking. Anything you repeat form as a habit. Once it is wired with your brain, you cant remove it. So dear traders, if you are losing money, find the reason why and rectify it as soon as possible before you become addicted to losing money in trading.
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Thank you for the support guys. You are awesome :)
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