Market_Paradox

The Perfect Trade Trading Plan !! 🎯

Education
NSE:NIFTY   Nifty 50 Index
Points to be remembered !!!

ENTRY :-

* Wait for your signals
* Avoid FOMO
* Do not revenge trade
* Use correct size
* Do not chase price

EXITS :-

* Let winners run
* Cut losses quickly
* Do not add to a loss
* Accept losses and move on
* Use targets but stay flexible

OTHERS :-

* Take trades with a good RRR
* Think long term
* Establish clear rules for your system
* Process oriented > Results oriented
* Accept responsibility for your actions
* journal your trades

Comments

what is FOMO sir?
+3 Reply
Market_Paradox satyajit7111
@satyajit7111 fear of missing out...in here, traders generally fear about rally been missed after the breakout, they think what if stock won't retest and keep going bullish, they enter with fear and end up by hitting their stop-loss 😭
+2 Reply
satyajit7111 satyajit7111
thanks sir
Reply
gud one
+1 Reply
@rachanak, thank you
Reply
Thanks for the cheat sheet!!
+1 Reply
Market_Paradox Genuinescammer
@Genuinescammer, my pleasure
Reply
Action plan to be followed by all traders. . . :)

95% actually not . . . . ha ha !!!
+1 Reply
Market_Paradox Tradersasi23
@Tradersasi23 yeah, that is why 95 % trader in india fail πŸ‘Ž
Reply
great one. everyone must see this many people do correct analysis but fail because of not following this... keep sharing
Reply