Query :
How to control over trading? In last 4 sessions I made huge losses
I keep on placing orders, once I get loss.
Trading type : Intraday
Trading Instrument : Index
Reason :
Lack of discipline & knowledge
Lack of fear about money
How to rectify:
Trade based on well tested strategy
Less or no trades on news days
Targets vary depending on market situation
Follow trading rules
Example for trading strategy
When you are ready to pay brokerages, lose money because of over trading, you can spend your time, energy and money to learn about trading.
How to control over trading? In last 4 sessions I made huge losses
I keep on placing orders, once I get loss.
Trading type : Intraday
Trading Instrument : Index
Reason :
Lack of discipline & knowledge
Lack of fear about money
How to rectify:
Trade based on well tested strategy
Less or no trades on news days
Targets vary depending on market situation
Follow trading rules
Example for trading strategy
When you are ready to pay brokerages, lose money because of over trading, you can spend your time, energy and money to learn about trading.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.