vanathi

Trader's Queries - Trading Psychology Part 6

Education
NSE:BANKNIFTY   Nifty Bank Index
Lot of people are coming to trading field with the thought that we can make easy money. Making money is easy once you know how to make money. And to know how to make money is not an easy process. The decisions we take in our life defines our destiny. When a person decides to master the art of trading, next thing he have to do is to take action about how to learn trading. Check whether your actions are working well to master the art of trading. Change your actions till it is working well. Repeat the process till you become the master in trading. During the whole process keeping the momentum is important. As traders we know how much importance the momentum has.
Anything we decide depends on our 1. belief 2. subconscious mind 3. influences 4. values
5. emotions 6. habits. Changing any one thing will create a difference. When a person loss money in trading for years, he have to remember "loss is an experience and result of his trading actions, but he is not a faliure". Failure wont happen in over night. It is the consequence of long term actions. To change failure to success make commitment with the decisions you make.It may seem impossible to get success, but if you persist with commitment and discipline, in long term you will be successful. Dont expect others to help you, its your life, your decisions, your destiny and you have to create it, not others.

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