Trading - Make it Easy - Part 1

Its said "trading is simple, but not easy". Why it is not easy? Because we are making it complicated. Today we will see about the importance of trading plan. A trade with out proper plan is gambling. Before entering a trade you should know when to enter, stop loss, exit and partial profit booking levels. Trading plan is like a road to the destination you want to reach.
Now you have trading plan. Next step is to execute it properly. You need proper concentration to trade. Some people trade in between their break time, lunch time etc. This type of trade is done in a hurry and obviously it wont end well.
Plan your trades before market open, observe the market for few minutes and execute your trading plan. If you have any doubt about the trend direction, do not enter the trade.
Stay tuned to the next part and keep liking the ideas. Thanks!
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"trading is simple, but not easy"

Great saying
+1 Reply
vanathi ntnsharma122
@ntnsharma122, Experience speaks :)
@vanathi, yup... :)
vaibhav.rf ntnsharma122
@ntnsharma122, not easy because it involves emotions also
ntnsharma122 vaibhav.rf
@vaibhav.rf, yes bro :)
Madam , can you recommend few books for learning price action..Thank you ..
I follow your posts regularly..How Did you master this art madam .Please guide me. thank you
+2 Reply
vanathi thetruculentgamer007
@thetruculentgamer007, Reading price charts bar by bar, trading price action trends by Al Brooks. Hope these books will help you.
+3 Reply
@vanathi, how to download book mam
vanathi devjyotibhattacharya77
@devjyotibhattacharya77, If it is not free download, you have to buy.
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