vanathi

Trading - A Psycological Aspect

NSE:CNXPHARMA   NIFTY PHARMA
15
What makes a trader successful? Do you think it is technical knowledge? A good trading platform? Money? A proper mindset? A trader can blow off everything when he dont have a proper mindset. What is a proper mindset? You should have a sage or monk's mindset. I am not joking. This is the truth. One should overcome fear, greed, anger, ego and frustration to be successful in the market. When you overcome all these you will have the calmness to focus.
How a hunter hunts? By focusing his/her target without second thought. Don't force your trades. Dont force your entries and exits. Don't force your learning process. When you try to learn lot of things simultaneously everything will overlap.
Thanks to rupambose, he made me to think about a loser's as well as a winner's mindset by his 'n' number of comments in my post. A winner won't analyse 'n' number of scripts a day. Winners analyse few scripts and do it perfectly. Losers show their anger, frustration on others at the end of the day/during the day. Now decide yourself. Are you a winner or loser? Choice is completely yours!
Comment: Budget day. Trade safely(Due to the spikes SL will get hit)!

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