I can say the most asked question from newbie's and also from experienced traders is "Can you explain your trading strategy?" A trade spends more than 2 yrs(approximate) to find a trading strategy suitable for him. I use chart patterns, RSI indicator, fib levels to plan my trade. But only experience can teach when which method is applicable.
My interaction with traders has made me to realise that most traders have good trading strategy. The only thing they lack is trading discipline. And this discipline will develop over time only. Once you started to trade as per your trading plan with discipline, earning good money wont be a big deal. Learn with small postion size and once you are doing well with discipline increase it.
My interaction with traders has made me to realise that most traders have good trading strategy. The only thing they lack is trading discipline. And this discipline will develop over time only. Once you started to trade as per your trading plan with discipline, earning good money wont be a big deal. Learn with small postion size and once you are doing well with discipline increase it.
Comment:
Friends, few people are thinking I have gone to write screen plays like the serials "designated survivor" or "suits". Thats not true and even if I got such chances also I will write my analysis here. Thank you for your affection and support :) Crossed 1000 followers today!
